See the best—and worst states—for Americans living on a middle-class income, based on factors like the cost of a mortgage, tuition costs, and more.
Read More »Lenders: Top 5 Cities with Fastest Income Growth
The salary a potential homebuyer earns can dictate whether affording a home is in reach, and according to a study released Tuesday by GOBankingRates, location is just as important as ever when considering income potential. Some cities have household incomes ...
Read More »Fannie Mae Income Drops in Q1
Fannie Mae reported $2.8 billion both net and comprehensive income for the quarter, the exact amount of the dividend amount it expect to pay the Treasury Department in June. But that income for the quarter was nearly half what the GSE reported in Q4 of 2016.
Read More »Bank of America Net Income Up in Q1
Q1 was good to Bank of America, which posted a 40 percent increase in overall net income. Loan revenues, too, were up, as was consumer and global banking. But total mortgage was down compared to a year ago, as were average loans and leases.
Read More »Income Growth Outpacing Home Prices In Poorer Cities
Times might still seem tough, but income growth is moving at a faster pace than its ever been, particularly in lower-income areas based on numbers from the U.S. Census 2015 American Community Survey, released this week
Read More »PNC Reports Q1 Income of $1.1 Billion
PNC Financial Services Group released its quarterly earnings, reporting a net income of $1.1 billion, or $1.82 per diluted common share. While net income was positive, it didn't reach as high as the fourth quarter of 2013, when net income was $1.1 billion or $1.87 per diluted common share.
Read More »NY Fed: Consumer Expectations Rise in March
A new survey put out by the Federal Reserve Bank of New York found that consumer expectations rose slightly in March, and home price change expectations declined slightly. The bank's findings from the Survey of Consumer Expectations (SCE) found that consumer expectations both rose at the one-year and three-year horizon by 3.2 percent and 3.4 percent, respectively.
Read More »