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The Changing Makeup of Consumer Debt

debt

Mortgage debt makes up a noticeably smaller share of total consumer debt than it did a decade ago, according to the latest Equifax National Consumer Credit Trends Report, covering data for March 2018. According to the Equifax report, mortgage debt ...

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Buying vs. Renting: A Financial Perspective

In a little under two years, owning a home becomes more financially viable than renting an identical home, according to the latest Zillow Buy-Rent Breakeven Horizon. It takes just under 1 year and 11 months for homeownership to be more ...

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Delinquencies Reverse Course

Mortgage delinquencies defied several trends in April, according to the latest First Look at the month’s mortgage performance data from Black Knight, Inc. April is typically a month that sees an increase in mortgage delinquencies. In fact, historically, delinquencies have ...

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From Home Listings to Home Flipping

Zillow made its name as an online real estate database, helping homebuyers shop for houses whether they were right down the street or on the other side of the country. Recently, however, Zillow announced it had plans to branch out ...

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Industry Sounds Off on Dodd-Frank Reform Bill

The House of Representatives on Tuesday voted in favor of S. 2155, the Economic Growth, Regulatory Relief and Consumer Protection Act. The bill seeks to evolve and streamline regulations put in place by the 2010 Dodd-Frank Act. The final vote ...

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The Challenges of Residential Instability

Homelessness is a critical issue facing the nation, but a new report examines the challenges of “housing instability,” and how communities can intervene to deal with the problem before it reaches the point of homelessness. That’s the topic of the ...

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Sen. Schumer Calls for Flood Insurance Reform

flooding

With the beginning of hurricane season mere weeks away, Senate Minority Leader Chuck Schumer has announced an “all-out push” to convince Congress to extend and reform the nation’s flood insurance program. Schumer shone a spotlight on the issue Monday during ...

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