Consumer Rates Remain Elevated – Fixed Income Overview
Interest rates experienced some volatility in August due to uncertainty surrounding inflationary pressures and intended Fed policy. Elevated rates on consumer loans such as credit...
Category: Debt/Mortgage/Liabilities
Delinquency Rates On The Rise – Consumer Finance
A survey released by the Federal Reserve Bank of Dallas found that overall credit and lending activity is deteriorating nationwide. The survey encompasses loan activity...
New Home Sales Grow as Existing Home Sales Drop
With hiking mortgage rates and historically high home prices, home sales have seen tumultuous recent months as the supply and demand for houses fluctuate. Recent...
Demand For Treasuries Drives Rates Lower – Fixed Income Update
As a result of the bank failures, there has been an increased demand for Treasury bonds as a safe haven while the turmoil unfolds and...
Rising Car Payments Become Less Affordable for Many – Automotive Industry
Since the pandemic ushered in a widespread global shortage of semiconductor chips that are vital to new vehicles, car prices have risen to historic highs....
Loan Delinquencies On The Rise – Consumer Credit
Following the 2008 financial crisis, consumers began defaulting on loans across the board. Since then, loan delinquencies have fallen steadily, with some dropping lower than...
Higher Mortgage Rates Keep Homebuyers from Buying – Housing Market
With interest rates breaching higher levels, mortgages are becoming less affordable for millions of Americans. As a result, demand for new mortgages continues to reach...
Short Term Rates Remain Higher Than Long Term Rates – Fixed Income
40-year highs in inflation and Federal Reserve rate hikes played havoc on bonds throughout 2022, sending short and long terms rates to levels not seen...
The Hidden Contribution to Inflation – Monetary Policy
The Fed has increased interest rates by 3% over 3 months, the largest increase since 1982, as a response to the highest inflation in over...
Housing Affordability
Series 2 of 2: Home Prices Fall for the First Time in 10 Years Ever since the housing market plummeted in the 2008 Great Recession, houses...