Tag Archives: Home Equity

As home prices fell about 30% from the peak level in 2006 from 2021, appreciation has rebounded, causing a surge in home purchases.

In a time of struggle, helping your customers get their finances back on track after mortgage forbearance may create customers for life.   

DS News sat down with Xome’s CEO to discuss such hot-button topics as the current state of the industry and the auction process.

Improvements in both economic conditions and the increased rollout of vaccinations have contributed to the dwindling rate of mortgage delinquencies.

Now in their prime homebuying years, millennials’ views on how to use home equity different significantly from those of their parents.

While negative equity has dipped nationwide in the second quarter, the average U.S. homeowner has netted an average gain of $51,500 since Q2 of 2020.

Homeowners have an enormous advantage over renters when it comes to accumulating wealth, and this can have substantial consequences.

The home price surge led to a large increase in equity-rich households, and that could mean fewer foreclosures as forbearances expire.

Economists evaluate one of the top concerns for borrowers considering an equity loan and offer up methods for mitigating potential problems.

Double-digit home price growth has driven down negative equity, as a new report has found that just 2.6% of all mortgaged properties are underwater nationwide.