Going with the flow

Steidtmann, Carl
April 2007
Progressive Grocer;4/1/2007, Vol. 86 Issue 4, p57
Trade Publication
The article discusses consumer spending in the U.S. What drives consumer spending more than confidence, savings, or even debt levels is cash flow. The biggest source of household cash flow comes from the labor market. Real wage growth has accelerated dramatically in December 2006. The other source of cash flow is home mortgage refinancing.


Related Articles

  • ARE CONSUMERS PUTTING A LOCK ON SPENDING? Spiers, Joseph // Fortune;9/5/1994, Vol. 130 Issue 5, p24 

    Presents information about consumer spending in the United States. Decrease in consumer spending in the second quarter of the year 1994; Collapse of the boom in mortgage refinancing in 1993; Prediction by the economists of the First National Bank of Chicago that debt-service burdens will slow...

  • Dollars and Sense. Wexler, Donna // BusinessWest;9/10/2012, Vol. 28 Issue 9, p29 

    The article offers the author's insights on refinancing mortgages. The author states that refinance restructures the debt into lower interest rate or different term and not pay off the debt. She mentions the importance of knowing the goal in making a refinance. She also cites various reasons why...

  • Prepayments start to haunt home lenders. Kulkosky, Edward // American Banker;8/19/1993, Vol. 158 Issue 159, p1 

    Reports on the home mortgage industry problems on prepayments. Losing loan servicing assets; Fleet Financial Group's $100 million charge to earnings in the second quarter of 1993; Marine Midland Banks Inc.'s exposure to prepayment risk; Countrywide Credit Industries' offsetting of servicing...

  • ask mp.  // Parenting Early Years;Sep2009, Vol. 23 Issue 8, p72 

    The article presents an answer to a question about the general rule of mortgage refinancing.

  • When Equity and Income Shrink.  // Origination News;Jul2010, Vol. 19 Issue 10, p31 

    The article discusses the loan modification in the mortgage environment as the service side of the business to a cheaper alternative or term refinancing.

  • Mortgage Refinancing. Krainer, John; Marquis, Milton // FRBSF Economic Letter;10/3/2003, Vol. 2003 Issue 29, p1 

    Reports on the impact of economic downturn on the earnings of various mortgage firms in the U.S. Decrease of consumer spending; Factors affecting the refinancing decisions of the homeowners; Increase on the costs of houses.

  • Cash-Outs Left Out of Refi Surge. Julavits, Robert; Fernandez, Tommy // American Banker;10/15/2001, Vol. 166 Issue 197, p1 

    Focuses on the increase of refinancing in the United States. Effect of the decline in mortgage rates on refinancing and borrowers' behavior; Contribution of refinancing to consumer spending; Increase in refinancing inquiries and applications.

  • Refinancing Real Estate Investments: A Strategy for Maximizing NPV. Lipscomb, Joseph B. // Appraisal Journal;Apr83, Vol. 51 Issue 2, p255 

    Studies how mortgage loan refinancing could increase the net present value (NPV) of after-tax cash flow from a real estate investment. Basic refinancing model; Quantifiable causes of NPV increases; Optimal refinancing strategies; Effects of forecasting uncertainty.

  • Can mortgage refinancings save the U.S. economy? Westhoff, Dole; Kramer, Bruce; Steams, Bear // Asset Securitization Report;10/15/2001, Vol. 1 Issue 39, p18 

    Focuses on the impact of mortgage refinancing on the economic condition in the United States. Benefits of rate/term refinancing on the achievement of cash-flow saving; Illustration of the refinancing advantages to the economy of cash flow; Percentage of refinancers taking out cash for the market.

  • USB reports surge in refinances.  // Hudson Valley Business Journal;1/13/2003-1/20/2003, Vol. 14 Issue 1, p19 

    Reports on the rising mortgage refinances in New York. Percentage of loan application; Payment of interest debts; Impact of low interest rates on refinance applications.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics