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US HOMEOWNERS GAINED $1 TRILLION IN THE LAST YEAR AS THEIR HOUSING VALUES JUMPED

FAST-RISING HOME PRICES MAY BE A ROADBLOCK FOR BUYERS, BUT THEY ARE PUTTING SOME HOMEOWNERS ON EASY STREET. AS HOME PRICES RISE, SO DOES THE PERCENTAGE OF HOME EQUITY FOR THOSE OWNERS WITH A MORTGAGE. Home equity jumped 13.3 percent in the first quarter of this year compared from a year earlier, according to CoreLogic. [...]

By |June 22nd, 2018|Articles, Real Estate|Comments Off on US HOMEOWNERS GAINED $1 TRILLION IN THE LAST YEAR AS THEIR HOUSING VALUES JUMPED

Will Home Prices Fall as Mortgage Rates Rise?

Mortgage interest rates have increased by more than half of a point since the beginning of the year. They are projected to increase by an additional half of a point by year’s end. Because of this increase in rates, some are guessing that home prices will depreciate. However, some prominent experts in the housing industry [...]

By |June 8th, 2018|Articles|Comments Off on Will Home Prices Fall as Mortgage Rates Rise?