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Consumers Don't Understand Home Equity Benefits
National Mortgage Professional· 3 days agoFintech provider, FirstClose, released its findings from a new national consumer survey that measured homeowners' level of awareness of home equity and ...
Retirement Redefined: Home Equity & Single Women Over 62
TheStreet.com· 2 days agoExplore how reverse mortgages can unlock home equity for a more secure future. Whether through the loss of a spouse or the increasingly common “gray divorce ...
Michigan attorney general reissues reverse mortgage consumer alert - HousingWire
HousingWire· 3 days ago“A reverse mortgage is a type of home equity loan extended, in most cases, to those who are 62 years...
Complete Guide to Mortgages: What Type of Home Loan Is Best for You?
CNET· 2 days agoThere are several types of mortgages, each offering unique characteristics and benefits. The right type of home loan depends on your credit score, down ...
The HELOC dam is opening. Are you ready? - HousingWire
HousingWire· 3 days agoU.S. homeowners today are armed with a record amount of home equity nearly $32 trillion, according...
How often can you refinance your home?
Bankrate via Yahoo Finance· 3 days agoWhat alternatives are there to refinancing your mortgage?If refinancing is not the right choice and you’re looking for ways to access your equity, the...
Biggest winners and losers from the Fed’s interest rate decision
Bankrate via AOL· 1 day agoIn 2021, the average rate was just 9.38 percent, when the fed funds rate was near zero. Besides...
New appraisal bias protections apply to reverse mortgage program: FHA - HousingWire
HousingWire· 7 hours agoAn announcement on Thursday from HUD and a new Mortgagee Letter (ML) published Wednesday by the FHA clarifies that the policy applies to all Title II single-family programs, including the < ...
What the Fed’s continued rate pause means for homebuyers and sellers
Bankrate via Yahoo Finance· 1 day agoNew adjustable mortgage products are structured to change every six months rather than every 12...
Buying before selling
The Post and Courier· 1 day agoWhatever your reason, you should know that buying first comes with additional risks, such as paying two mortgages, if your current home takes a long time...