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US homeowners now sitting on $17 trillion in home equity — and just 5 markets making up nearly 25%...
Moneywise via Yahoo Finance· 2 days agoThis currently works out to roughly $229,000 per mortgage holder. One of the most popular ways to...
Better improves loan volume by 25% but remains unprofitable in Q1 - HousingWire
HousingWire· 3 days agoThe company’s revenues increased 26% quarter over quarter to $22.2 million, driven mainly by home...
Federal Reserve Bank of New York’s Center for Microeconomic Data Quarterly Report on Household Debt...
Sierra Sun Times· 2 days agoNEW YORK — The Federal Reserve Bank of New York’s Center for Microeconomic Data on Tuesday issued its Quarterly Report on Household Debt and Credit. The report shows total household debt increased ...
Freddie Mac’s plan to enter the home equity market draws mixed reviews - HousingWire
HousingWire· 2 days agoPeter Van Gelderen, co-head of Global Securitized at TCW, a leading global asset management firm,...
What Is a Jumbo Reverse Mortgage?
Consumer Affairs· 7 days agoJumbo reverse mortgages are tailored to older homeowners with home values above those of traditional reverse mortgage limits. A jumbo reverse mortgage offers the homeowner payments or a lump ...
Rising debt levels spell danger for consumers - Triangle Business Journal
The Business Journals· 21 hours ago• Household debt in the U.S. climbed to $17.79 trillion – a record in this century. • Nearly 9...
New home report: ‘2024 will be an ugly year’ for Reno-Sparks’ new housing market
Reno Gazette-Journal· 4 days agoMore on housing:Are Reno-Sparks apartments overbuilt? The earliest industry watchers expect to see a...
How to Build Equity in Your Home
Consumer Affairs· 3 days agoHome equity is your home's current market value minus your mortgage's outstanding balance. Building home equity allows you to access financing, increase your net worth and retain more profits ...
NY Fed Q1 Report: Household Debt and Delinquency Rates Increased
Calculated Risk· 3 days agoThe Federal Reserve Bank of New York’s Center for Microeconomic Data today issued its Quarterly Report on Household Debt and Credit. The report shows total household debt increased by $184 billion ...
Man chooses "cheapest option" for home improvement job and soon regrets it
Newsweek· 3 days agoA Texas man was left regretting his decision to give an important home improvement job to the...