News

Now that Tax Day has come and gone, CNBC has released a new report outlining the difficulties small business face each year when filing their taxes. According to the news source, Americans invested an extra $234 billion last year alone

Although home rent costs are expected to rise by more than three percent this year – marking a 14-percent overall increase since 2010 – and mortgage interest rates have remained low, many young Americans are still choosing to rent over

New Day Financial LLC has agreed to pay a $5.28 million administrative penalty for allegedly helping their employees cheat on a series of critical professional licensing exams. The Multi-State Mortgage Committee of the Conference of State Bank Supervisors announced the

For the 25th month in a row, all-cash home sale transactions have declined, falling to a 38.9 percent share of the market for January (the most recent month for which we have data). For reference, cash sales peaked in January

According to a new report by CNBC, consumer debt in the United States is currently at an all-time high. “The Federal Reserve says consumer credit climbed to a record high in February with a more than $15 billion gain that

According to the latest CNBC All-America Economic survey, a record 27 percent of those surveyed said they currently view the economy as good or excellent. That number is the highest level we’ve seen in eight years. In comparison, just last

When the March jobs report was released on Friday, the news wasn’t very good. With economists expecting nonfarm payrolls to rise by 245,000, they got a huge shock when that number was announced at just 126,000 – the worst report

JPMorgan Chase is on track to pay the $4 million it owes to homeowners as part of a settlement it reached in 2013, independent monitor Joseph Smith confirmed on Thursday. According to Smith, Chase has already shelled out $2.2 billion,

The financial situation in Detroit is finally showing signs of improvement. Home values in the metropolitan area are on the rise, and the city itself is out of bankruptcy. Still, the housing market remains slow to recover, thanks to one

Nationwide revealed on Tuesday that the future of the housing market is looking more promising than ever, with little chance of a downturn over the next year. The news comes as the insurance and financial services organization has just released