Canada Growing Household Debt
🇨🇦 CMHC recently highlighted the growing household debt vs. GDP in Canada. 75% of the debt are mortgages. Different from the 30-year...
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Frank Tian
- May 15, 2023
- 1 min
US Q1 Consumer Credit Update
With the banking crisis in March, How is US consumer credit doing? Here is the Q1 ‘23 Fed report: 👇 Quarterly debt growth slowed to...
Frank Tian
- Apr 23, 2023
- 1 min
US Banks Mortgage Origination Continued to Tank
The top 4 banks saw their collected mortgage origination down ~80% in Q1 vs. the average in the last 3 years. 📍 Fast interest rate hikes...
Frank Tian
- Apr 11, 2023
- 2 min
💰 6 Consumer Credit Items To Know in 2023 Canadian Budget
All appear in the 1st chapter “Making Life More Affordable and Supporting the Middle Class”, a clear indication of the policy priority....
Frank Tian
- Feb 20, 2023
- 1 min
Q4 '22 Fed Household Credit Report
2022 saw the fastest rate hike. How is US consumer credit doing? Here is the latest Fed report: 👇 US household debt up $394 billion in...
Frank Tian
- Feb 5, 2023
- 1 min
🚨 Canadian Mortgage Fraud
🚨 As if the growing mortgage payment is not enough, Canadian homeowners now have a new thing to worry about. Criminals are eyeing to...
Frank Tian
- Jan 19, 2023
- 1 min
🏚️ US banks’ Q4 Update - Mortgage
The mortgage origination continued to collapse. The top 4 banks - JP Morgan Chase, Bank of America, Citi, and Wells Fargo - collected...
Frank Tian
- Jan 13, 2023
- 1 min
🇨🇦 OSFI to Tighten Mortgage Lending 🏠
In the face of the rising risk in the mortgage market, the Canadian financial regulator OSFI is soliciting feedback on more restrictive...
Frank Tian
- Dec 4, 2022
- 1 min
🏠 Canadian Mortgage Risk Update
Big 5 banks’ Q4 earnings reports are out. Here is an update of the mortgage book. 👇 It is a very Rough estimate, as each bank reports...
Frank Tian
- Dec 4, 2022
- 1 min
🏠 Canadian Mortgage Risk Snapshot - Q4 '22
Big 5 banks’ Q4 earnings reports are out. Here is an update of the mortgage book. 👇 It is a very Rough estimate, as each bank reports...
Frank Tian
- Nov 25, 2022
- 1 min
Canadians Reaching Tigger Rate
Canadians heard the mortgage trigger rate a lot. How many mortgages have reached that? The answer from the Bank of Canada 👇 Out of a...
Frank Tian
- Nov 16, 2022
- 1 min
US Household Debt Q3 Update
Q3 saw fast rate hikes and an uncertain future. How is the US household credit doing? Here is the latest Fed report: 👇 US household debt...
Frank Tian
- Nov 16, 2022
- 1 min
US Q3 Update
Q3 saw fast rate hikes and an uncertain future. How is the US household credit doing? Here is the latest Fed report: 👇 US household debt...
Frank Tian
- Nov 6, 2022
- 2 min
🏠 Higher Rate to Trigger Rate
🟧 Higher Rate - To Be Higher Bank of Canada (BoC) raised the rate by another 50 bps in Oct - the cumulative hike is 350 bps this year....
Frank Tian
- Oct 19, 2022
- 1 min
US Bank Q3 Mortgage
🏠 Interest Rate Dampens Mortgage Activity The Q3 earnings reports show the impact of the fast interest rate hike. Q3 ‘22 mortgage...
Frank Tian
- Aug 30, 2022
- 1 min
🏠 Canadian Mortgage Risk Snapshot - Q3 '22
Canadian Real Estate Tanks Fast This Year. How much risk is in the overall mortgage portfolio? 👇 Here is a Rough view of the Big 5...
Frank Tian
- Aug 14, 2022
- 1 min
🕵️♂️ 7 At-risk Consumer Segments to Watch
Even with some good US data points: July inflation drops to 8.5% July added 528K jobs The horizon is still cloudy with multiple risk...
Frank Tian
- Aug 8, 2022
- 1 min
US Household Debt Q2 Update
Q2 saw the steepest interest rate hike. How is the US household credit doing? Here is the latest quarterly report from the Fed: 👇 US...
Frank Tian
- Jul 25, 2022
- 1 min
US Banks Q2 Mortgages
Interest Rate Effect on Mortgage The Q2 earnings reports provided a glimpse of the latest impact of the interest rate hike. Q2 ‘22...
Frank Tian
- Jun 4, 2022
- 1 min
Subprime Loans Again?
A WSJ report highlights the rising delinquencies of subprime loans. Some are wondering - have we learned anything from 2008? Actually,...
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