Tag Archives: Federal Reserve

Home Equity Wealth at New High

The latest flow-of-funds data from the Federal Reserve confirmed that home-equity wealth reached a new nominal high this year:  $13.9 trillion at mid-2017, $0.5 trillion above the 2006 peak and more than double the $6.0 trillion amount at the trough of the Great Recession.[1]  While several factors will affect aggregate home equity, it’s clear that […]

Ben Bernanke on Housing

Ben Bernanke, Chairman of the Federal Reserve, spoke to the National Association of Home Builders meeting in Orlando, FL today.   Housing continues to face difficulties and is a key factor in the currently weak and disappointing economic recovery.  Bernanke pointed to too much supply in housing due to vacancies and continued foreclosures across the country.  […]

Borrowing, Lending and Progress

Mortages and debts were key issues in the housing boom and bust and the financial crisis that followed. Mortgages, or the lack thereof, are one of the reasons why housing is still suffering even as the rest of the economy struggles to recover.  Some recent developments point to possible improvements: News out this morning says […]

Fed Puts Push for Housing

Ben Bernanke, chairman of the Federal Reserve, sent an open letter and report to the chairs of the House and Senate Banking, Housing and Urban Affairs Committees urging them to consider additional steps to support housing.  The report argues that housing in the US continues to suffer from excess supply, high rates of foreclosure, limited […]

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