Even as non-housing debt rises, the New York Fed’s report on household debt and credit gave insights into the factors that have impacted housing debt.
Read More »How Student Loans are Holding Back Homebuying
Student loan debt is holding back buyers, especially millennials. How can these potential buyers gain homeownership with debt weighing them down?
Read More »Why Aren’t Americans Tapping Into Home Equity?
Americans are sitting on over $6 trillion in home equity, however, many are unwilling to tap into their equity with home equity loans or HELOCs. Those that do tend to put it right back into home repairs. How might homeowners make better use of their equity?
Read More »Americans’ Debt is on the Rise
Personal debt among Americans is on the rise, according to a recent study of consumer spending habits. Here’s how mortgage loans stack up in the overall average debt of borrowers.
Read More »Fed Survey: Home Price Growth Expectations Cool
In its most recent Survey of Consumer Expectations, the Fed reported that consumers expected slower home price growth in the second half of the year. What did they say about access to credit?
Read More »Can Home Equity Solve Rising Debt for Consumers?
A third of Americans are losing their sleep over rising debt, but don’t know how to solve the problem, according to a survey. Here’s one way they can optimize their finances.
Read More »What if There’s Another Housing Crisis?
Whether another housing crisis lies beyond the horizon is yet to be seen, but researchers at the New York Fed set out to answer the question of just how vulnerable the market is if there is a crisis looming ahead.
Read More »U.S. Household Debt Approaches New High
Household debt is approaching its 2008 peak and is set to surpass it by the end of the month, according to a study. How are mortgages impacting the total debt of consumers? Click through to learn more.
Read More »Where are Homeowners Spending the Most on Mortgage?
As homeowners across the country spend a bigger chunk of their income on mortgage payments, some of the hottest housing markets in the country are impacting the pockets of their residents more than others.
Read More »What are Borrowers Using Home Equity Loans For?
A new study assessed home equity loan requests and the primary reasons borrowers are utilizing the funds and here’s what it revealed.
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