“Higher mortgage rates, record levels of home price appreciation, constrained housing inventories, and economic inflation are challenging for both lenders and borrowers,” said Paul Doman, President and CEO of Accurate Group.
Read More »Home >> Tag Archives: home equity line of credit (HELOC)
Survey: More Considering Tapping Into Home Equity in 2023
Year-over-year, a new poll has found that more U.S. homeowners are likely to take out a HELOC in the next 12 months.
Read More »Refinance Activity Sinks Amid Rising Rates
Refinance lending sunk 36% in the second quarter, mainly caused by rising rates. Click through to see the latest numbers and get insights from ATTOM’s Rick Sharga on the news.
Read More »Home Equity Rate Forecast for 2022
The Federal Reserve has already signaled that rising rates are on the horizon for 2022, but Bankrate has released a new forecast predicting that rates will be adjusted at least twice this ...
Read More »Two-Thirds of Gen X Homeowners Plan on Renovating
With real home equity reaching a new peak of $20.2 trillion in Q2, an increasing number of homeowners aged 18-43 are tapping into their equity for upgrades to their homes.
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