105 posts on "Housing"
May 13, 2014
Just Released: Young Student Loan Borrowers Remained on the Sidelines of the Housing Market in 2013
Last year, our blog presented results from the FRBNY Consumer Credit Panel (CCP) indicating that, at a time of unprecedented growth in student debt, student borrowers were collectively retreating from housing and auto markets. In this post, we compare our 2012 findings to the news for 2013.
Posted at 11:15 am in Economic History, Education, Household Finance, Housing | Permalink | Comments (3)
February 18, 2014
Just Released: Who’s Borrowing Now? The Young and the Riskless!
According to today’s release of the New York Fed’s 2013:Q4 Household Debt and Credit Report, aggregate consumer debt increased by $241 billion in the fourth quarter, the largest quarter-to-quarter increase since 2007.
July 22, 2013
Distressed Residential Real Estate: Dimensions, Impacts, and Remedies
On October 5, 2012, the Federal Reserve Bank of New York and the Rockefeller Institute of Government co-hosted the conference “Distressed Residential Real Estate: Dimensions, Impacts, and Remedies.”
July 15, 2013
Improving Access to Refinancing Opportunities for Underwater Mortgages
Since the onset of the housing crisis, a focus of policymakers has been to help underwater homeowners lower their monthly mortgage payments by refinancing, principally through the Home Affordable Refinance Program (HARP).
April 17, 2013
Young Student Loan Borrowers Retreat from Housing and Auto Markets
Student loans have soared in popularity over the past decade, with the aggregate student loan balance, as measured in the FRBNY Consumer Credit Panel, reaching $966 billion at the end of 2012.
April 10, 2013
Foreclosures Loom Large in the Region
Households in the New York-northern New Jersey region were spared the worst of the housing bust and have generally experienced less financial stress than average over the past several years.
Posted at 7:00 am in Household Finance, Housing, New York, Recession, Regional Analysis | Permalink | Comments (1)
March 26, 2013
First Impressions Can Be Misleading: Revisions to House Price Changes
An assiduous follower of the national house price charts that the New York Fed maintains on its web page may have noticed that we appear to be rewriting history as we update the charts every month..
February 28, 2013
Just Released: Press Briefing on Household Debt and Credit
This morning, New York Fed director of research Jamie McAndrews joined Bank economists to brief the press on economic developments.
February 13, 2013
Underwater and Drowning? Some Facts about Mortgages that Could Be Targeted by Eminent Domain
Since the onset of the subprime crisis, many places across the United States have been affected by high levels of negative equity (meaning that borrowers owe more on their mortgages than their homes are worth), an associated flood of foreclosures, and loss of local wealth.
January 16, 2013
How Severe Was the Credit Cycle in the New York‑Northern New Jersey Region?
U.S. households accumulated record-high levels of debt in the 2000s, and then began a process of deleveraging following the Great Recession and financial crisis.
Posted at 7:00 am in Household Finance, Housing, New Jersey, New York, Regional Analysis | Permalink
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