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credit conditions Flash News List | Blockchain.News
Flash News List

List of Flash News about credit conditions

Time Details
2025-03-20
22:14
US Credit Card Defaults Reach $46 Billion in First Three Quarters of 2024

According to The Kobeissi Letter, US credit card defaults have surged to $46 billion in the first three quarters of 2024, marking the highest level since 2010. This increase in defaults poses potential risks to the financial markets, potentially affecting consumer spending and credit conditions. Traders should monitor these developments closely for implications on market volatility and potential shifts in consumer credit stocks.

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2025-03-19
00:25
US Mortgage Refinance Rejection Rates Hit 12-Year High, Quadrupling Since October 2023

According to The Kobeissi Letter, 41.8% of US homeowners seeking to refinance their mortgages have been rejected, marking the highest rejection rate in over 12 years. This figure has quadrupled since October 2023, as reported by the NY Fed. The surge in rejections indicates tightening credit conditions, which could impact consumer spending and the housing market.

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