Tag Archives: Home Equity

A new report breaks down home equity by race and age, finding that Black homeowners 65 years and older are more likely to take out reverse mortgages than any other demo.

Having a business idea and not knowing how to fund it can be a daunting task, but there may be one option that entrepreneurs are forgetting about—drawing from home equity.

There is a disparity with home equity between Gen X and millennials, according to a recent report. Did millennials catch up, or did Gen X fall behind?

Rising home prices nationally have created the strongest equity economy since 2006, according to a new report by Black Knight. Borrowers have nearly $5 trillion in equity to tap into, and the number of underwater borrowers has dropped dramatically. Refis account for a stronger share of borrowing than they have for years.

Poor financial literacy and complexity, high costs of mortgage products, and a desire to stay out of debt may steer seniors away from reverse mortgage products.

Seriously underwater homes in the U.S. dropped significantly in the last two years, what has caused this decrease?

The total value of the U.S. housing market is rising as residential homes continue regain their value years after the crisis, according to the latest data.

The number of homeowners in negative equity dropped to its lowest level in a decade and the amount of available home equity rose to its highest level since before the recession.

With the amount of home equity more than doubling nationwide in the last five years, what is to come if price appreciation forecasts ring true?

The number of homeowners are in a negative equity position with their homes is dropping substantially every quarter.