Wednesday, November 13, 2019

US household debt nears $14 tn in Q3: NY Fed

US household debt nears $14 tn in Q3: NY Fed: Borrowing by American households rose for the 21st straight quarter in the July-September period and is more than $1 trillion above the prior peak set in 2008 at the outset of the global financial crisis, the New York Federal Reserve Bank said Wednesday. Amid attractive interest rates, total household debt rose 0.7 percent to $13.95 trillion in the July-September period compared to the prior three months, driven higher by mortgage borrowing as...

Report: Redfin predicts which cities are most at risk for a housing downturn brought by a recession - Milwaukee Business Journal

Report: Redfin predicts which cities are most at risk for a housing downturn brought by a recession - Milwaukee Business Journal: A recent report looks at nationwide housing data to predict which cities are most at risk of a housing downturn brought by a recession.

Friday, November 8, 2019

Young homebuyers are vanishing from the US

Young homebuyers are vanishing from the US: Faced with higher property prices and piles of student debt, Americans are getting older and older before they buy a home.

Wednesday, November 6, 2019

Where to find the cheapest personal loans

Where to find the cheapest personal loans: There’s no getting away from the fact that we’re already in a whole heap of debt. The latest figures from debt charity StepChange suggest those seeking help with unsustainable, problem debt have unsecured personal borrowing of £13,799 on average – up 6 per cent since 2016. But these aren’t consumers splashing out on luxury goods or experiences. The individuals being advised by StepChange are usually facing problem debt because their finances...

Saturday, November 2, 2019

A Shockingly Low Number of Retirees Rely on Savings in Retirement | Nasdaq

A Shockingly Low Number of Retirees Rely on Savings in Retirement | Nasdaq: Your golden years can be incredibly expensive, and depending on what type of lifestyle you live and how many years you spend in retirement, it's not unheard of to spend more than $1 million over the rest of your life.