National Credit Default Rates Remain at Historical Lows in July 2014 According to the S&P/Experian Consumer Credit Default Indices
Homeowner Program Faces Mounting Application Backlog
Long-term statistics suggest the housing market will improve, but credit conditions, inventories, and affordability are holding back real estate, says Morningstar's Bob Johnson.
Lackluster ADP data suggest that August's mediocre job growth likely seeped into September, too, says Morningstar's Bob Johnson.
Some funds had dramatic comebacks, while others remained cellar-dwellers, writes Morningstar's Russ Kinnel.
The real mortgage rate--the nominal mortgage rate minus the rate of appreciation or depreciation in homes--is one of the most important housing statistics to watch, and it recently went negative again, says Schwab's Liz Ann Sonders.