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August

25
2023
Trends

Current mortgage rates are the highest they've been since 2001. Is there an end in sight?

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.

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August

25
2023
Industry News

Nevada Financial Institutions Division Seeks Feedback on Licensing Regulations

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.

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August

25
2023
Trends

Americans Can’t Afford Their Cars Anymore

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.

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August

25
2023
Trends

Majority of Americans Believe Credit Cards Contribute to Financial Stress

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.

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August

25
2023
Industry News

Attorney General Cameron Urges Supreme Court to Protect Veterans’ Benefits

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

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