October 12, 2018Read More
CBS MoneyWatch "What does age have to do with credit scores? Plenty"
The typical millennial has a "fair" credit score of just 634, according to a LendingTree study, which examined an anonymized sample of its 9 million users. From there, credit scores rise in steps. GenX ranks better than millennials, with an...
October 11, 2018Read More
The Wall Street Journal "Mortgage Rates Fast Approaching 5%, a Fresh Blow to Housing Market"
For a house with a $250,000 mortgage, rates of 5% add about $150 to the monthly payments compared with the rate of 4% that borrowers could have had less than a year ago, according to LendingTree.
October 11, 2018Read More
The Washington Post "Does your city rank among the places with the most or least paid-off home mortgages?"
LendingTree, an online lender, recently ranked cities throughout the United States to determine which ones have the most homeowners who own their property free and clear, either because they bought with cash or they paid their mortgage in full.
October 10, 2018Read More
Mortgage Professional America "Which generation has the best credit in the US?"
Using data from the 9 million users of the LendingTree platform, the firm found that the oldest cohort were the only group to have ‘very good’ credit scores and the younger Baby Boomers were the only group with ‘good’ scores’.
September 26, 2018Read More
The Wall Street Journal "As Fed Raises Rates, Consumers Have Yet to Feel the Sting"
The spread between the highest and lowest mortgage rates available on the market has widened by about one-third this year, to 0.62 percentage point, according to LendingTree. For a $300,000 loan, that amounts to lifetime difference of $28,890.
September 23, 2018Read More
The Motley Fool "10 Years Later: How Has America's Consumer Debt Changed Since the Financial Crisis?"
According to a new report by LendingTree, consumer debt has changed significantly in the decade since the financial crisis. Here's a quick look at how total balances of different types of consumer debt has changed.
September 21, 2018Read More
Mortgage Professional America "Mortgage debt isn’t the worry, it’s all the other stuff!"
But the level of non-mortgage debt held by American consumers is growing and an analysis by LendingTree forecasts it will be $4 trillion by the holiday season.
September 18, 2018Read More
Forbes "The U.S. Cities Where Millennials Have The Highest Levels Of Debt"
It's a well-known fact that urban millennials across the U.S. are ridden with debt. A new LendingTree study has shown just how bad the situation has become for young Americans with the median debt balance for millennials living in the country's...
September 17, 2018Read More
The Motley Fool "This Is Millennials' Greatest Source of Debt. Here's How They Can Make It More Manageable"
Millennials tend to get a bad rap on the money management front, and they're certainly not strangers to racking up debt. But while you'd think younger Americans are in the hole as a result of credit card abuse, a large chunk of those struggling...
September 16, 2018Read More
Business Insider "The 30 cities where millennials carry the most debt don't include New York or San Francisco"
A LendingTree analysis of users' anonymized credit report data concluded that student loan debt made up the largest portion of millennial debt among those who carry it, accounting for 40% of the typical millennial's total credit and loan balance.