Explore state-level and industry level data that banks, credit unions and fintechs can leverage to track the downturn and be correctly positioned for the recovery in this monthly report.
As interest rates stabilize, mortgage lenders need to be prepared for the pent-up housing demand. One of the keys to unlocking this potential lies with first-time homebuyers, a critical market segment that could significantly drive your growth strategy. As a lender, it's important to understand the unique needs and behaviors of these borrowers to effectively engage with them. We provide comprehensive insights to help you identify and target this demographic more successfully. Our data-driven approach can empower you to create tailored marketing strategies and financial solutions that resonate with first-time homebuyers. Leverage our insights to strategically position yourself in this competitive market and capitalize on the opportunities that lie ahead. Join us for a 60-minute webinar as our experts examine the results of our recent study on first-time homebuyers and share insights into best practices for capturing this demographic in 2024.
This report delves deeper into these fintech credit trends and analyzes their potential impact on the fintech lending landscape. Inside, you'll find:
Join experts as we explore the present and future landscape of open banking, the unfolding regulatory landscape and providing value through solutions enabled by open banking.
Explore state-level and industry level data that banks, credit unions and fintechs can leverage to track the downturn and be correctly positioned for the recovery in this monthly report.
Listen to our fireside chat on data, automation and machine learning models moderated by Ron Shevlin, Chief Research Officer at Cornerstone Advisors
As interest rates soften, pent-up demand stands poised to surge once affordability shifts. Given this environment, it’s imperative to reassess your lending strategy to recognize new avenues for growth. We've examined the first-time homebuyer segment to identify credit-qualified prospects and offer insights on potential opportunity areas.
Download our white paper to deepen your understanding of first-time homebuyers and learn best practices for how to successfully identify and engage this audience to help your business drive more sustainable growth.
Read the latest regional consumer spending and economic growth trends, as well as our in-house macroeconomic forecasts for the year ahead.
Join our industry experts as they discuss national economics and credit trends and housing and auto sector trends as of February 2024.
Explore state-level and industry level data that banks, credit unions and fintechs can leverage to track the downturn and be correctly positioned for the recovery in this monthly report.
Explore state-level and industry level data that banks, credit unions and fintechs can leverage to track the downturn and be correctly positioned for the recovery in this monthly report.
Explore state-level and industry level data that banks, credit unions and fintechs can leverage to track the downturn and be correctly positioned for the recovery in this monthly report.
Outstanding performance in the third quarter is a great headline focused on the resiliency of the American consumer. Business confidence and financials benefited from a consumer confidence boost as market conditions appeared to improve as inflation receded. Consumer spending remained elevated, supporting small business cashflow health, but a rising percentage of that consumer spend originated from leveraged consumer credit products. Creditors have been monitoring the rise in unsecured debt utilization and putting into action exposure limiting underwriting criteria.
Explore state-level and industry level data that banks, credit unions and fintechs can leverage to track the downturn and be correctly positioned for the recovery in this monthly report.
Join our industry experts as they discuss national economics and credit trends and housing and auto sector trends as of October 2023.
Read the latest regional consumer spending and economic growth trends, as well as our in-house macroeconomic forecasts for the year ahead.
Explore state-level and industry level data that banks, credit unions and fintechs can leverage to track the downturn and be correctly positioned for the recovery in this monthly report.
Explore state-level and industry level data that banks, credit unions and fintechs can leverage to track the downturn and be correctly positioned for the recovery in this monthly report.
Lenders are tightening underwriting criteria due to high delinquencies among consumers and small businesses amid inflation. People are revising their spending and investment plans. While technology companies thrive, sectors like logistics, utilities, and healthcare face challenges. Supply chain issues are easing, but reduced demand affects inventory orders, impacting trucking and logistics with lower tonnage and mileage. Consumers show resilience, bolstered by a strong job market, wage growth, and lower energy and food costs. However, dwindling savings and increased reliance on unsecured debt, along with the resumption of debt obligations like student loans, and ongoing inflation, put pressure on consumers. Recession fears are easing, but concerns for 2024 remain.
Explore state-level and industry level data that banks, credit unions and fintechs can leverage to track the downturn and be correctly positioned for the recovery in this monthly report.
Join our industry experts as they discuss national economics and credit trends and housing and auto sector trends as of July 2023.
Read the latest regional consumer spending and economic growth trends, as well as our in-house macroeconomic forecasts for the year ahead.
Explore state-level and industry level data that banks, credit unions and fintechs can leverage to track the downturn and be correctly positioned for the recovery in this monthly report.
In our eighth annual report we explore the current fraud landscape, shifting consumer expectations, and how businesses can prioritize investment in future fraud prevention.
Explore state-level and industry level data that banks, credit unions and fintechs can leverage to track the downturn and be correctly positioned for the recovery in this monthly report.
Watch this on-demand webinar, where we will explore Forrester Research’s the top 5 trends reshaping digital banking and showcase some financial services companies that are leading the way in customer-centricity.
Gain insight into the state of the economy and consumer finances and how to leverage data and advanced analytics to manage uncertainty.
In this report, we share key insights into the U.S. housing market’s impact on renters, including the latest trends and how they reflect the current state of residents, their rent obligations and the rental market economic climate.
Explore state- level and industry level data that banks, credit unions and fintechs can leverage to track the downturn and be correctly positioned for the recovery in this monthly report.
Join our industry experts as they discuss national economics and credit trends and housing and auto sector trends as of May 2023.
Read the latest regional consumer spending and economic growth trends, as well as our in-house macroeconomic forecasts for the year ahead.
Watch a demo of our Ascend Quest solution and learn how you can harness the power of our industry-leading data sources in a convenient self-service portal to efficiently conduct account reviews, mitigate risk, and better manage your portfolio.
Explore state-level and industry level data that banks, credit unions and fintechs can leverage to track the downturn and be correctly positioned for the recovery in this monthly report.
Explore state-level and industry level data that banks, credit unions and fintechs can leverage to track the downturn and be correctly positioned for the recovery in this monthly report.
Experian experts provide insight into the latest economic and market trends, their impact on consumers and how financial institutions can best adapt.
Explore state-level and industry level data that banks, credit unions and fintechs can leverage to track the downturn and be correctly positioned for the recovery in this monthly report.
Join our industry experts as they discuss national economics and credit trends and housing and auto sector trends as of January 2023.
Read the latest regional consumer spending and economic growth trends, as well as our in-house macroeconomic forecasts for the year ahead.
Learn about the current AI decisioning landscape and its implications on the future of lending.
Download the 2022 Experian Edge Economic Chartbook to look back at this year’s critical economic and credit trends and to prepare yourself for the months ahead.
Explore state-level and industry level data that banks, credit unions and fintechs can leverage to track the downturn and be correctly positioned for the recovery in this monthly report.
Explore state-level and industry level data that banks, credit unions and fintechs can leverage to track the downturn and be correctly positioned for the recovery in this monthly report.
Join our experts in discussing the latest regional consumer spending and economic growth trends, as well as our in-house macroeconomic forecasts for the year ahead.
Read the latest regional consumer spending and economic growth trends, as well as our in-house macroeconomic forecasts for the year ahead.
Discover consumer credit and economic trends and how you can modernize your collections strategy.
Explore state-level and industry level data that banks, credit unions and fintechs can leverage to track the downturn and be correctly positioned for the recovery in this monthly report.
Join our industry experts as they discuss national economics and credit trends and housing and auto sector trends as of September 2022.
Explore state-level and industry level data that banks, credit unions and fintechs can leverage to track the downturn and be correctly positioned for the recovery in this monthly report.
After a strong economic rebound in the wake of COVID-19, a more challenging environment and heightened recession worries are forcing small businesses to “hit the reset button”. Small business anxiety about elevated inflation and labor shortages persisted in Q2 2022, as small businesses held debt balances longer, while seeking additional credit in anticipation of a tighter lending environment.
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