Your home equity can be a valuable resource to you, depending on your financial situation. Your equity is the interest you have in your home, as the owner. Your equity increases over time in two ways. Equity increases if your property valu...
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 RealtorsÂ...
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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...
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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...
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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...
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...