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Daily Archives: February 15, 2024
Too many payments, too little income
In the fourth quarter of 2023, 7.7% of US auto loans transitioned to delinquency on an annualized basis (New York Fed data)—the highest rate in 13 years. The total annual cost of owning a new car, including expenses such as … Continue reading
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High home insurance rates driving away would-be buyers
A wave of new multifamily residential projects are coming online as migration slows and high mortgage rates weigh on housing demand. Add to the mix an insurance crisis, and a seller’s market is becoming a buyer’s one. See, In Southwest … Continue reading
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