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As Home Values Soar, Americans Are Sitting on Record High Home Equity
The State· 4 days agoOn average, today’s homeowners could tap into about $206,000 per mortgage. After years of soaring home prices, owners are now sitting on record amounts of equity — trillions of dollars of which ...
Average long-term US mortgage rate snaps five-week string of increases, but remains above 7%
San Francisco Chronicle· 3 days agoThe average rate on a 30-year mortgage fell for the first time in four weeks, a slight relief for...
Divorce rates are falling: Are Canadians too poor to break up?
The Conversation· 14 hours agoWhy did Al and Peg Bundy from the sitcom Married… with Children never get divorced? Common preconceptions would have us believe that half the people who get married end up divorced, but that ...
Black homeowners in Southeast Raleigh face displacement
Independent Weekly· 4 days agoOn a near-perfect spring afternoon, a crowd of mostly Black retirees and senior citizens poured into...
What Is a Shared Appreciation Mortgage
Consumer Affairs· 5 days agoThis type of mortgage generally benefits both parties: the lender gets a share of the profit from a future home sale (known as contingent interest), and the borrower pays less interest and has ...
Will mortgage rates approach 10% in 2027?
Crain's Cleveland Business· 3 days agoLending rates will hit 8.7% in a year and 9.7% in three years, survey respondents told the New York Fed, on average. Pushing interest rates up slowed home sales but had the mostly unexpected ...
Mexico Election 2024 Poll Tracker
Bloomberg· 6 days agoLess than a month from Mexico’s presidential elections, the race is looking bleaker for opposition candidate Xóchitl Gálvez. Frontrunner Claudia Sheinbaum, of the ruling Morena party, continues ...
