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Total household debt is on the rise in 2023 – increasing by $148 billion to $17.05 trillion. Balances now stand $2.9 trillion higher than the end of 2019, before the pandemic.
From the Q2 2020 to the Q4 2021, 14 million mortgages were refinanced, accounting for nearly one-third of outstanding mortgages.
May 8, 2023- U.S. Senator Time Scott (R-S.C.), Ranking Member of the Senate Committee on Banking, Housing, and Urban Affairs, sent a letter to the Federal Housing Finance Agency ...
NEW YORK—The Federal Reserve Bank of New York’s Center for Microeconomic Data today released the April 2023 Survey of Consumer Expectations, which shows that…
April 10, 2023- Vice President Kamala Harris and Deputy Secretary of the Treasury Wally Adeyemo announced that the U.S. Department of the Treasury's Community Development...