Tag Archives: consumer credit

Subprime Mortgages – They’re Ba-ack!


Summary: With an eight-year easy money policy from the Federal Reserve (ZIRP) and real estate prices in some regions above pre-financial crisis highs, subprime mortgages are making a comeback! Subprime mortgage loans yes, but apparently not in the pre-2008 financial crisis form of ‘Liar Loans’! Liar Loans: ‘A category of mortgages known as low-documentation or no-documentation […]

Study: Is Soaring Credit Card Debt A Good Sign, Bad Sign Or No Sign At All?

According to a study conducted by Card Hub, U.S. household debt in the form of credit cards has spiked higher in 2015! Is this spike in leverage a sign of consumer confidence with households taking on debt due to an optimistic vision of their personal financial fortunes going forward? Or is the 2015 2nd quarter credit card balance increase of […]

Critical economic data releases for the week of June 2, 2014!

title insurance New York,New York City,Long Island

US Economic Calendar for the Week of June 2, 2014 For anyone who’s concerned with the future direction of mortgage rates while at the same time trying to determine what the condition of the US economy actually is, the data scheduled for release during the upcoming week will most certainly provide evidence along with strong anecdotal clues. As one example, […]

US Economic Calendar: Week of April 7, 2014

Follow @Hallmark Abstract Service US Economic Calendar for the Week of April 7, 2014 For real estate investors, residential or commercial real estate property buyers worried about mortgage rates or current property owners looking to either refinance or sell, the economic data to be released in the upcoming week will most certainly have some degree of […]