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Mortgage, US Real Estate

Home equity is growing, but homeowners refuse to tap into it

By Mike Wheatley | July 11, 2018
With home prices continuing to rise, homeowners are becoming increasingly “equity rich”. But that hasn’t tempted many to take advantage of the situation, as the number of home equity lines of credit stays flat.
Mortgage, Real Estate, US Real Estate

Home equity available to borrowers hits all-time high

By Mike Wheatley | April 5, 2018
Rising home values mean that homeowners are getting richer. Now, the amount of equity available to homeowners is at an all-time high, according to mortgage industry solution provider Black Knight Financial Services.
Mortgage

HELOC borrowers could soon find their payments increase

By Mike Wheatley | December 9, 2016
Homeowners who have home equity lines of credit, called HELOCs, could be in for a nasty shock when their monthly payments increase suddenly.
Real Estate, US Real Estate

Thinking of Accessing Your Home Equity? Things You Should Know

By Allison Halliday | October 16, 2014
Before the recession, many people were able to tap into their home equity but all this changed during the last few years. However now house prices are recovering, more people have regained access to this source of funding that can help pay for renovations or big-ticket items, or to simply reduce debt. According to an […]
Real Estate, US Real Estate

How to Pay For Your Home Improvement Project?

By Guest Author | July 23, 2012
Home improvement projects are always fun and refreshing for everyone but your pocket. Many people undertake a home improvement project and then give up on it midway because they don’t find good financing alternatives. Some don’t even think about it because of the same reason.
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