Pre-recession peaks for outstanding first mortgages are close at hand. What are the factors driving these increases and where will they lead the market?
Read More »Tapping into Home Equity
Tappable home equity is at the highest it has ever been according to Black Knight Inc.’s latest Mortgage Monitor Report for February, released on Monday. According to the ...
Read More »SunTrust Bank is No. 1 in HELOC Borrower Satisfaction
Established relationships with lenders still play a crucial role for borrowers looking at home equity line of credit (HELOC) according to the latest U.S. Home Equity Line of ...
Read More »Housing Equity Among Retirees
According to a study by the National Reverse Mortgage Lenders Association, housing equity for homeowners aged 62 and older increased by $149 billion between Q3 2017 and Q4 ...
Read More »Will the Rise in Construction Jobs Ease Supply Constraints?
Jobs in the construction sector led the overall jobs market according to data for February jobs released by the Bureau of Labor Statistics. While the total nonfarm payroll ...
Read More »Homeowners’ Value Perception Takes a Tumble
After seizing positive numbers for seven months straight, the disparity between an appraised value and homeowners’ expectations of the said value expanded in January, according to Quicken Loans’ National ...
Read More »The State of Home Equity in Q3
U.S. mortgage holders had a really good third quarter. And a pretty good year overall. A new report shows lots of reasons why.
Read More »Senior Home Equity Hits Record High
American homeowners aged 62 and older saw a significant jump in home equity. What could be driving this increase, and is it poised to continue?
Read More »Economy Sees Significant Drop in Underwater Properties
According to the latest CoreLogic report, the highest share of seriously underwater homes was found in Nevada, Illinois, Ohio, Missouri, and Louisiana.
Read More »Home Equity is on the Rise for Seniors
Home equity overall has been steadily increasing since negative equity peaked a few years ago. One particular group that has benefited from home price appreciation creating equity over the last few years is the age 62 and up crowd.
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