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Tag Archives: households

Late payments on mortgages hit 3-year low in 2Q

LOS ANGELES — U.S. homeowners are getting better about keeping up with their mortgage payments, driving the percentage of borrowers who have fallen behind to a three-year low, according to a new report. Still, the rate of decline remains slow, ...

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Economy adds 163K jobs, unemployment rate rises to 8.3 pct.

WASHINGTON — The addition of 163,000 jobs in July follows three months of sluggish hiring and shows that the U.S. economy is likely resilient enough to keep growing at a modest pace. Employers have added an average of 151,000 jobs ...

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California, New York considering foreclosure-abuse deal

WASHINGTON — California and New York were considering Monday whether to join most other states in backing a long-awaited settlement with banks over foreclosure abuses. The deal would require the five largest mortgage lenders to reduce loans for about 1 ...

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Spending and incomes show weak November gains

WASHINGTON — Consumers spent at a lackluster rate in November as their incomes barely grew, suggesting that Americans may struggle to keep spending more into 2012. Consumer spending rose just 0.1 percent in November, matching the modest October increase, the Commerce ...

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Supreme Court: Calif. can’t ban violent video game sales

WASHINGTON — The Supreme Court says California cannot ban the rental or sale of violent video games to children. The high court agreed Monday with a federal court’s decision to throw out California’s ban on the sale or rental of ...

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Same-sex couples finding a home in Delaware

REHOBOTH BEACH, Del. — In some Lewes and Rehoboth Beach neighborhoods, same-sex couples like Keith and John Riley-Spillane make up nearly one out of every 10 households. And, like the Riley-Spillanes, many of those couples are raising children, according to ...

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Up to 10 pct of Virginia households use high-cost loans

RICHMOND, Va. — Nearly 10 percent of Virginia households have used short-term, high-interest payday, pawnshop and auto-title loans to make ends meet. A study by the University of Virginia’s Weldon Cooper Center for Public Service released Tuesday shows that more ...

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