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U.S. Economy

How Higher Insurance Costs Can Turn Short Term Borrowing Into Long Term Debt

Homeowners generally think of insurance as a recurring expense: the bill arrives, it gets paid and the household moves on. But when insurance premiums rise...

The New Debt Problem: Using Borrowing to Absorb Rising Homeownership Costs

For decades, the basic financial equation of homeownership was relatively straightforward. Buy a property, secure a mortgage, make the payments and gradually build equity. But the...

How Mortgage Rate Volatility Is Changing Homebuying Decisions

For years, homebuyers have been taught to focus on one number when evaluating a mortgage: the interest rate. But in a market where mortgage rates...

Why Homeowners Shouldn’t Treat a HELOC as a Solution to Permanent Cost Increases

For homeowners with substantial equity, a home equity line of credit can feel like one of the most useful financial tools available. A HELOC can...

What the Next Recession Will Expose About Household Finances

For much of the past year, the headline story has been resilience. Jobs numbers look solid. Consumer spending hasn’t collapsed. Markets keep finding reasons...

The Fragility Beneath a “Strong” Economy

By many headline measures, the U.S. economy looks solid. Unemployment remains low. GDP growth hasn’t collapsed. Corporate earnings continue to surprise on the upside....

Who Protects Consumers When Insurers Retreat?

Insurance is supposed to be boring. When it works, no one notices. You pay the premium, renew once a year, and move on. But...

The Illusion of Coverage in Modern Healthcare

On paper, the United States is a nation of insured households. Employer plans, marketplace policies, and Medicare, Medicaid coverage are widespread by historical standards. And...

Income Volatility Is the New Normal And Policy Hasn’t Caught Up

For much of the postwar era, economic policy rested on a simple assumption: income was stable. Paychecks arrived on schedule. Jobs lasted. Benefits followed...

The Psychological Weight of Permanent Bills

There was a time when bills were something households managed. Today, for many Americans, they feel more like something that manages them. Monthly obligations such...

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