According to the CoreLogic Q2 2022 Home Equity Report (HER), homeowners still have net worth despite the slowdown in home price growth in the second quarter. The net worth of U.S. homeowners with mortgages, which make up about 63 percentContinue Reading
With 2022 more than half behind, market indicators continue to predict the minimum redemption amount, but purchase volume is facing issues. Amid inventory shortages, high write-offs, rising interest rates, and significant economic problems, difficulties in purchasing and refinancing are hamperingContinue Reading
Half of all U.S. mortgages are now considered equity-rich, according to a new report from real estate data curator ATTOM. According to the US Home Equity and Underwater Q2 report, 48.1% of the nation’s mortgages were considered equity-rich in theContinue Reading
Homeowners are perched on record levels of equity. What the future holds for the remainder of the year? Perhaps the most captivating advantage of claiming a home is getting to expand equity in one. That equity can then fill inContinue Reading
According to data from Bankrate, the previous week the HELOC rates were at their lowest point since September the standard interest rate was 3.59% for a 10-year repayment period, and for a 20-year repayment period, it was 5.90%. For someContinue Reading
Money comes from various sources like wages from a job, returns on investment, business income, Social Security benefits, and others. Some of those incomes are taxable while some aren’t, so it estimating and calculating the taxable income is difficult. ButContinue Reading
Fraction, a BC-based fintech platform focused on guiding homeowners to access their home equity, has profitably raised $20 million through a Series funding round. Led by QED Ventures, the round also saw participation from present investors including Impression Ventures, PrimetimeContinue Reading
Because of the fast-rising home values, many homeowners are now equity-rich. According to a recent report from Black Knight, a data firm the average American homeowner has $153,000 in home equity. Homeowners can use up this amount for home renovations,Continue Reading
Home values have been rising since the pandemic began now is the right time for homeowners to unlock their home equity. According to the National Association of Realtors in June, the national median existing-home price hit a record high fromContinue Reading
Biden’s press secretary says there is still considering going on regarding a fourth direct stimulus check to Americans. After the hit faced by the economy during the COVID-19 pandemic, it is now starting to show signs of recovery. There isContinue Reading
