Home » Posts taggedSince

US Household Debt at Highest Levels Since 2008

The NY Fed’s Center for Microeconomic Data is reporting that total household debt increased by 1.8% in the fourth quarter of 2016, rising $ 226 billion to reach $ 12.58 trillion, only $ 99 billion short of its peak in Q3 of 2008.  The CMD’s latest Quarterly Report...
Continue reading

Foreclosure Starts Hit Lowest Level Since 2005

In their “first look” report for October 2016, Black Knight Financial Services is reporting that foreclosure starts have hit their lowest level since January 2005.  According to the report, October saw were 56,500 foreclosure starts (lowest in nearly 12 years) as well as a lower prepayment level than...
Continue reading