Homebuyers’ purchasing power diminished further in August as mortgage rates continued their upward march, averaging 7.2% over the week ending on Thursday, the highest level since 2001, according to newly released data by Freddie Mac.
The Nevada Financial Institutions Division (NFID) is planning to implement proposed regulations (PDF) under the state’s revised licensing law, which takes effect Oct. 1, 2023. Licensees are invited to provide feedback on the potential impacts of the regulations by Sept. 2.
Data from TransUnion and S&P Global Mobility’s AutoCreditInsight found that account-level delinquency rates of auto loans 60+ days past due have risen 26 basis points from the first quarter of 2021’s 1.43% to 1.69% in the first quarter of 2023.
A recent survey commissioned by Affirm, a buy now, pay later financial technology company, found that most Americans believe that credit cards are a major factor in their financial strains.
FRANKFORT, Ky. (August 25, 2023) – Attorney General Daniel Cameron joined a bipartisan coalition in filing an amicus brief before the U.S. Supreme Court in support of an Army veteran who was wrongly denied federal education be