Items Tagged with 'Present Situation Index'
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    Consumer economic optimism hovers at 16-year high

    Overall confidence increases in August
    August 29, 2017
    Kelsey Ramírez
    Consumer confidence increased once again in August as Americans place more faith in the current economic state. In fact, the Present Situation Index from The Conference Board remains at its 16-year high, even as expectations for the future grew slightly.
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  • stock

    Consumers grow more confident in future of economy

    Assessment of current conditions remains at 16-year high
    July 25, 2017
    Kelsey Ramírez
    Consumers’ assessment of their current conditions increased in July, remaining at a 16-year high. Consumers are also more confident in the future of the economy, however they are less optimistic about their income prospects.
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  • houses

    Americans regain confidence in June

    Short-term outlook eased, but still upbeat
    June 27, 2017
    Kelsey Ramírez
    After wavering slightly the month before, Americans grew more confident in June. A new survey found consumers are more confident in current economic conditions, however, they are less sure about their short-term economic outlook.
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  • neighborhood

    Consumer confidence slips lower in April

    Americans less optimistic about the future
    April 25, 2017
    Kelsey Ramírez
    Consumer confidence slipped in April as Americans waivered in their future expectations. The Conference Board by Nielsen explains less consumers are saying business conditions are good and more expected the number of jobs on the market to drop in the coming months.
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  • employee

    Consumer confidence retreats in January

    Surveys show conflicting results
    January 31, 2017
    Kelsey Ramírez
    A survey conducted by The Conference Board by Nielsen shows that Americans are less confident in the economy in January. However, other measures of consumer confidence disagree with that notion. Americans are more confident in their present situation, but less optimistic about the future.
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  • mortgage

    Consumer confidence now back to pre-recession levels

    Americans feel better about present and future situation
    November 30, 2016
    Kelsey Ramírez
    The elections and even the time leading up to the presidential elections brought a new wave of consumer confidence. In fact, consumers are now back at pre-recession levels when it comes to their confidence in the economy – both for their present situation and future expectations.
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  • Crystal ball

    Consumer confidence tumbles in October

    Many say business conditions are bad
    October 26, 2016
    Kelsey Ramírez
    After hitting post-recession highs in September, consumer confidence dropped in October. According to one economist, the upcoming elections could be putting many consumers slightly on edge. Here’s more about where Americans say the economy sits, and where it’s headed.
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  • interest rates

    Consumer confidence declined in May?

    Some data seems to conflict
    May 31, 2016
    Kelsey Ramírez
    The Conference Board says consumer confidence is down, but that doesn’t seem to be affecting consumer spending or even housing growth. See why economists think that is, and what other data points seem to conflict with The Conference Board findings.
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This month in
HousingWire magazine

Feature

What happened to reverse mortgages?

LendingReverse
For anyone actively working in the mortgage industry, it’s no secret that reverse mortgages have taken a brutal hit in the last two years. The U.S. Department of Housing and Urban Development issued major program changes at the end of 2017 that effectively limited the amount of proceeds and the number of people who could qualify for the loan. The result had lenders across the space enduring sizable volume drops and subsequent gashes to their bottom lines.