Friday, March 29, 2024 | The Latest Buzz for the Appraisal Industry

Consumer Credit Balances, Debt Service Ratio Climb

By Michael Neal According to the Federal Reserve Board’s G.19 Consumer Credit report, the total amount of consumer credit outstanding rose by 5.2 percent (SAAR) over the 1st quarter of 2017, 2.4 percentage points less than the 6.6 percent rate of growth in the 4th quarter of 2016. Consumer credit outstanding now totals $3.8 trillion. After declining on a quarterly basis over 2009… Read More ›

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Brent Bowen

Loosening The Knot

Something that I like to do is to research the etymology of various words. This is essential in understanding older/historical texts, so that you can

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