Student loans are the bulk of most millennial's debt, even putting some millennials behind on their mortgage payments, but it isn't the only debt facing this group. See what other debt burdens millennial homeowners are facing.
Read More »The Week Ahead: Focus on the Fed’s MBS Holdings
On Thursday, the Federal Reserve will release its balance sheet, which also focuses on the current state of its mortgage-backed security holdings. Here’s what else is in store in The Week Ahead.
Read More »Why Debt Reduction is a Top Priority for Americans
A new report looking at the rise of debt for Americans found that average annual personal debt among consumers is $38,000. And that’s not counting the debt from their home mortgage.
Read More »Can Consumers Fulfill Their Debt Obligations?
While consumers expect the access to credit to tighten over the next few months, here’s what a New York Fed survey revealed about consumer expectations on home prices and debt payments.
Read More »Why Homeowners are Losing Sleep Over Rising Debt
A recent survey found that a third of American homeowners are concerned about their rising debt, but are at a loss as to how to solve the problem. Click through to learn more about the survey’s findings.
Read More »The Consumers vs. Home Prices
The latest Consumer Expectations survey released by the Federal Reserve of New York has found that household expectations about income earnings and spending growth remain robust. But what are consumers saying about home price changes?
Read More »The Week Ahead: American Consumers and Debt
On Tuesday, a survey looks at how consumers are dealing with debt and its impact on their daily lives. Here’s what else is in store in The Week Ahead.
Read More »Debt Practices and the Downward Poverty Spiral
A four-state collaborative of nonprofits has released a new report examining how state systems of debt collection, fines, and fees can create ‘downward spirals’ for low-income communities. Click through to read the full report.
Read More »Is the Housing Market Over-leveraged?
Noting a strong correlation between housing leverage and serious delinquency, researchers at the New York Fed answer the question of whether homeowners are currently over-leveraged and how likely they are to default if home prices begin to slide.
Read More »How Much of Household Debt Is Mortgage Based?
A study found that household debts are approaching new highs. Here’s how mortgages and other consumer loans are impacting the rising debt numbers.
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