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Posts Tagged ‘home equity’

You Don’t Need 20% Down and Seven Other Myths That Are Getting in the Way of Homeownership By RealtyTimes

Think you need to come up with 20% for a down payment in order to buy a house? It might surprise you to know that the median down payment for first-time buyers last year was just 7%, per the National Association of Realtors�...

Mortgage FAQ: Essential Answers to All Your Questions About Home Loans in the Coronavirus Era By Realtor.com

Getty Images; realtor.com With the economy in unprecedented territory and the phrase "housing crash" on the lips of economists, mortgage holders have questions. And current homeowners aren't alone: First-time home buyers in search...

Wow! Mortgage Rates Reach Lowest Level in Almost 50 Years By Realtor.com

Mikolette/Getty Images Mortgage rates have just dropped to the lowest level in almost 50 years, compelling both homeowners and home buyers to get off the couch to take advantage of record-level savings on their mortgage. “The aver...

8 Grave Mistakes to Never, Ever Make With Your HELOC By Realtor.com

Kameleon007/iStock A home equity line of credit, or HELOC, has long been a popular way to tap the equity in your home and get your hands on a quick infusion of cash. In the past, one big plus of using a HELOC—rather than an unse...

Which 5 States Had the Most Equity Gains in the Past Year? By Brad Hunter, Home Advisor

In the past five years, the country’s homeowner equity has doubled – and this is driving billions of dollars’ worth of home improvement. But homeowners in which states are benefitting the most? According to a recent repor...

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