Tag Archives: household debt

How To Lower That Household Debt?

Posted on August 16, 2013 by Popular Economics Weekly

Financial FAQs Here is the underlying reason our economy isn’t growing faster, hence creating more jobs. Household debt hasn’t even declined to early 2000 levels, mainly because household incomes haven’t risen above 2000 levels, after inflation is factored in. Mortgage … Continue reading →

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Economic Growth Stronger Than Predictions?

Posted on June 19, 2013 by Popular Economics Weekly

Popular Economics Weekly There are signs that economists have underestimated GDP growth this year. The New York Times surveyed economists in a recent Sunday front page article, that said growth could increase to 3 percent from the 2 percent norm … Continue reading →

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Consumer Debt Falls to Pre-Recession Level

Posted on May 15, 2013 by Popular Economics Weekly

Financial FAQs The total amount of debt held by Americans fell again in the first three months of 2013 and stood at the lowest level since the middle of 2006, the New York Federal Reserve said Tuesday. The level of … Continue reading →

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Mortgage Quality Highest in Decade

Posted on January 12, 2013 by Popular Economics Weekly

The Mortgage Corner Record low interest rates and low prices, are making housing more affordable than ever. This is also helping lower default rates, as average credit scores have soared, and Debt to Income Ratios used to quality borrowers have … Continue reading →

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