Credit Unions may be member owned, but that doesn’t mean members are exempt from fees. A research note from the NCUA (January 16, 2025), disclosed two major findings. 1) In spite of many credit unions reducing or eliminating certain fees,…
Problems Persist in Commercial Loans
Over the last four weeks, we have examined different types of loans and how they are performing at our nation’s banks, particularly since all levels of past due loans have been on the rise. While we did discover some weakness…
Consumer Debt Shows Remarkable Resilience
Aggregate household debt is quickly approaching the $18 trillion mark, with balances $3.8 trillion higher today than just before the pandemic. While the majority of that increase falls into mortgage categories, roughly $65 billion was incurred via non-housing related consumer…
Home Sales Drop to Lowest Level in 29 Years
Not only did home sales drop to their lowest level in nearly 30 years, but first time home-buyers represented just 24% of home sales last year. That is the lowest % ever recorded. That, combined with growth in the amount…