Items Tagged with 'The Federal Reserve'

ARTICLES

  • Poor credit scores keep Gen Xers from entering the housing market

    On average, Gen Xers owe more than $20,000 in student loan debt
    A recent report from LendingTree reveals that although Gen Xers are now in their prime earning years, many are refraining from homeownership due to substantial debt. According to LendingTree’s analysis, 28% of homeowners owe a median of $28,557 in student debt, whereas 27% of renters have a median of $28,203.
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  • Barron's: The International Monetary Fund downgrades its 2019 forecast as economic pessimism grows

    82% of 307 insurance executives polled say they expect a recession by 2021
    Mounting geopolitical headwinds have intensified fears of an oncoming economic recession, especially as the nation's housing market, which is a significant indicator of overall economic health, has slowed to concerning levels. As the economy cools off in several sectors, the International Monetary Fund has downgraded its 2019 forecast.
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  • Hey Californians, your housing market is likely to cool off come 2020

    UCLA Anderson Forecast points to slowdown in housing starts
    It's no secret that California's economy is large – so large that its $2.7 trillion financial system ranks fifth in the world, championing the United States' national economy. But as the U.S. continues to grapple with an oncoming economic slowdown, the UCLA Anderson Forecast is showing several economic factors that might weaken California's booming housing market within the next year.
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  • Fannie Mae: Housing market will stabilize in 2019

    Summarizes 2019 projections: "The economy’s slowing, the Fed slows, housing plateaus"
    After multiple rate hikes brought volatility into the housing market, 2019 should see things stabilize as the pace of rate increases slows, according to Fannie Mae. Researchers said they expect little change for mortgage rates in the year ahead, and that combined with a slower pace of home price appreciation, should "support affordability and buyer confidence."
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  • Federal Reserve says student debt has hampered housing market

    Links rise in debt to drop in homeownership and urban exodus among younger set
    Student debt has impacted the housing decisions of young Americans, the Federal Reserve said, delaying homeownership and prompting a significant number of college grads to move away from rural areas. Researchers estimated that 400,000 borrowers who could have purchased a house didn’t because of their debt.
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  • From HW Magazine

    HOT or NOT August: What's trending in housing right now

    Cybersecurity, stress tests, Mick Mulvaney and more make the list
    Companies should keep an eye on these three cybersecurity trends, plus more homeowners are cashing in on equity and the Fed is considering eliminating the pass/fail score on bank stress tests. Read more inside!
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  • U.S. inflation hits 6-year high

    Annual growth hits Fed’s 2% target
    After coming up short for more than half a decade, inflation in the U.S. is back on track. Indicators show inflation rose 2% in May, meeting the Federal Reserve's ideal target for strong, sustainable growth.
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  • Here's everything the GOP candidates said about housing in the fourth debate

    One common theme: Too much regulation
    This is just one interesting quote from the debate. Fiorina: "And now what do we have with Dodd-Frank? The classic of crony capitalism. The big have gotten bigger, 1,590 community banks have gone out of business, and on top of all that, we've created something called the Consumer Financial Production Bureau, a vast bureaucracy with no congressional oversight that's digging through hundreds of millions of your credit records to detect fraud."
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