FRI News and Press, First Trust S&P REIT Index Fund From 10/12/23

Summer months see average credit card spend and balance continue to trend upwards while payments to balance rose and fell, sending warning signals to lenders ahead of winter The FICO UK Credit Card Market Report for July/August 2023 paints a picture of erratic consumer financial managem...

2023-10-11 15:00:00 ET Summary The average Canadian home listing in August was $750,100 and well over $1 million in the highest population areas. In America, a $1k monthly payment today can buy a home priced at $173,000, down 44% from $309,000 in 2020. The average time from th...

2023-10-11 08:20:00 ET Summary Core inflation remains elevated in several economies, especially the United States and parts of Europe. Major central banks, therefore, may need to keep interest rates higher for longer. Making debt more expensive is an intended consequence of tighte...

2023-10-10 11:40:00 ET Summary A decade of levered fiscal and monetary incentives has enabled yet another epic capital misallocation cycle. Housing-led economic downturns have historically been the most severe, and the price of homes enters this downcycle more elevated relative to...

2023-10-08 09:00:00 ET Summary U.S. equity markets remained volatile this week as benchmark interest rates surged through multi-decade highs after employment data showed resilient labor market trends, bolstering the Fed's case to remain hawkish. Narrowly avoiding a fifth-straight ...

2023-10-06 01:20:00 ET Summary Through August 2023, it remains well elevated above that threshold, as measured by the percentage of median household income needed to pay the mortgage payment on the median new home sold. March 2021 marks the last time new homes were fully below the...

2023-10-05 23:36:00 ET Summary Chinese real estate concerns, a ramping up of the ECB's quantitative tightening, and fresh instability in US commercial property and regional banks all pose risks to our current base case. There seems to be a growing view within the European Central ...

Using FICO Score 10 T Can Expand Mortgage Approval Rates by up to 5% When Compared to Versions Used Today FICO, a leading analytics software firm, announced that Movement Mortgage, a top 10 retail mortgage lender, has become an early adopter of FICO® Score 10 T to analyze their non...

Awards honor FICO customers achieving outstanding results with AI, decision management and digital transformation Highlights: This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231004444067/en/ 2024 Judges (Left...

FICO ® Platform powers customer connections by bringing applied intelligence across the enterprise FICO ® Platform has received the Banking Innovation of the Year Platinum Award in the Future Digital Awards for Fintech & Payments 2023 . Presented by Juniper Res...