DSNews BY: Brian Honea November 16, 2015 Mortgage delinquency rates continued their trend of year-over-year double-digit declines in the third quarter of 2015, which contributed to the strong performance of consumer credit markets during Q3, according TransUnion’s Q3 2015 Industry Insights Report released Monday. While aggregate revolving credit balances rose by $13.5 billion […]
Tag: Consumer Spending
Freddie Mac Lays Out Importance of a Consumer’s Credit Score in Homebuying
DSNews By: Brian Honea Since a borrower’s credit score influences a lender’s decision on whether or not to give that borrower a single family mortgage loan, the importance of having a good credit score when buying a home cannot be underestimated, according to Freddie Mac’s blog on Monday. According to Freddie Mac, the best […]
Q3 GDP Revision Pushes Economy to Fastest Growth in a Decade
DSNews Author: Tory Barringer December 24, 2014 A strong revision to consumer spending helped push the economy to its fastest growth rate in more than a decade last quarter. According to a third reading released Tuesday by the Bureau of Economic Analysis (BEA), gross domestic product (GDP) increased at an annualized rate of 5.0 […]