Welcome!




Expand Your Education with These Courses from
The Psychology of Consultative Selling: Skills for Sales Success: Part Four.
Effective Presentation Skills for Sales Professionals: Skills for Sales Success: Part Five.
Customer Relationship Building: Skills for Sales Success: Part Seven.
Expand your education through NAR's REALTOR® University: A Consumer Advocate Approach to Mortgages: Course 2.
ACE: Purchase Reverse Mortgage Course.

Finance, Economy & Government Issues Archive


5 Money-Saving Tips for Holiday Shopping

The holidays are upon us, and retailers know that most of the money spent at shopping malls annually is spent during the weeks leading up to Christmas. As a result, they pull out all the stops to attract as many shoppers as possible ...


Housing Starts Fall 11% in October, Building Permits Up

The U.S. Census Bureau and the Department of Housing and Urban Development jointly announced the following new residential construction statistics for October 2015: ...


Failure to Launch Syndrome Can Hurt Household Budgets

Budget-conscious Americans say they are feeling the pinch from the responsibility of providing financial support for adult children, according to a new survey by American Consumer Credit Counseling. Half of those polled during the month of September by ACCC says they are ...


Americans’ Financial Satisfaction Continues to Climb despite Tough Conditions

Even in the face of the U.S. stock market having its worst quarter in four years, Americans continued to enjoy increased personal financial satisfaction in the third quarter. Substantially fewer loan delinquencies - almost 25 percent below the prior year's level - and ...


Consumer Credit Default Rates Decrease in September 2015

Consumer credit default rates decreased in September 2015, with the composite rate ranking at 0.89 percent, down seven basis points from the previous month, according to data released by S&P Dow Jones Indices and Experian. The bank card default rate was 2.77 percent for September, up six basis points from ...


Millennials Less Likely Than Baby Boomers to Understand the Impact of Major Life Events on Credit

Millennials are less likely than baby boomers to identify milestone life events that could affect their credit, according to a new survey released by TransUnion. In fact, less than half of millennials surveyed could cite specific major life events that could negatively or ...


Economic Growth Expected to Weather Headwinds

Economic growth for the third quarter of the year likely came in weaker than expected, largely because of a worsening net exports picture, but fourth-quarter growth is expected to withstand ongoing headwinds, according to Fannie Mae’s Economic & Strategic Research (ESR) Group. Slowing ...


Bill Proposing TRID Hold-Harmless Period Passes House

As the real estate industry proceeds with implementation of the now-effective TILA-RESPA Integrated Disclosure rule (TRID), a bill designed to assist smaller lending, title and escrow companies with compliance passed the House of Representatives on Wednesday, October 7. The bill, titled the ...


Housing Holdbacks: Student Debt, Mortgage Market Confusion, and a Declining Marriage Rate

Despite a growing economy, a new survey has found that the financial pressures of student debt, persistent confusion about the mortgage process and a continuing nationwide marriage rate decline are important factors combining to slow the housing market. ...


3 Takeaways from September’s Dismal Jobs Report

(TNS)—September hiring fell well short of consensus expectations and previous economic growth was less robust than thought, new Labor Department statistics say in a dismal monthly report that painted a picture of an economy in downshift mode. ...


Mortgage Applications Dip 6.7 Percent

Mortgage applications decreased 6.7 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending September 25, 2015. ...


Report: More than a Quarter of U.S. Homes Lost Value in the Last Year

Nationally, homes appreciated 3.3 percent from a year ago, rising to a Zillow Home Value Indexof $180,800. The national growth rate has leveled off over the past five months, suggesting the housing recovery ...


Fed Offers Buyers a Short-Term Reprieve, but Mortgage Rates May Rise before December

Home buyers were granted a bit more time to lock in today’s incredibly low mortgage rates before the era of low interest rates ends with the Fed’s decision to postpone raising its short-term target rate.  However the move by the Fed just substantially ...


U.S. Housing Starts Fall 3 Percent in August

Housing starts in August fell 3 percent to an annual rate of 1.13 million units (SAAR), according to a recent Census Bureau report. ...


Economic Outlook and Forecast: Jobs, Inventory, Mortgage Rates and Inflation

Economic growth mildly contracted in the first quarter of 2015, but will pick up in the second quarter and second half of the year. For the year as a whole, GDP will expand at 2.1 percent: not a bad number, but not great. ...


Our Latest News >>