#home-equity

#home-equity

Climate change is reshaping real estate decisions, impacting property values, insurance availability, and long-term livability concerns.

Homeownership can greatly increase financial stability, but buyers must thoroughly educate themselves beforehand.

The sandwich generation faces significant financial and caregiving burdens while balancing the needs of aging parents and adult children.

Refinancing can help lower monthly mortgage payments but requires careful consideration of closing costs and break-even points.

Homeowners hold $17 trillion in equity, worth an average gain of $28,000, suitable for improvements without immediate need.

Selling the home may be more beneficial than renting it out despite capital gains tax concerns.

Homeownership builds significant equity which many homeowners may underestimate.

Nationwide, home prices have increased by over 57% in the last five years, greatly boosting home equity.

Homeowners are increasingly blocked from accessing their home equity due to high interest rates and job instability.

Homeowners average a $25,000 gain in equity, leading to increased wealth and financial options.

HomeLight raised $20 million to expand its services for mortgage lenders and real estate agents across 40 new states.

Splitero partners with Blue Owl Capital to enhance access to home equity investments, aiding homeowners amid rising consumer debt.

High home equity can reduce college financial aid eligibility while homeowners face financial strain and hesitancy to sell.

Market volatility and rising property taxes complicate home equity utilization and home sales.

Home equity among U.S. mortgage holders grew by 2.5% in Q3 2024, but negative equity cases also increased for the first time in two years.

Home equity in the U.S. reached a significant milestone, offering homeowners leverage despite ongoing economic challenges.

Foreclosure rates are rising in major U.S. cities as many homeowners struggle to make payments.

Older homeowners' collective home equity rose to $14 trillion, emphasizing the importance of this wealth in retirement planning.

Miami homeowners benefit from rising home equity, but face soaring property taxes, complicating the housing affordability crisis post-pandemic.

Homeowners have gained significant equity, averaging $147,000 over the past five years, indicating a stable housing market.

Homeowners have gained significant equity since 2019, with a typical increase of $147,000 over the past five years.

The initiative seeks to redefine the reverse mortgage perception and educate homeowners aged 55+ on home equity's role in retirement.

Cornerstone Financing has raised $285 million for its innovative home equity product CHEIFS, aimed at improving retirement financing solutions through strategic partnerships.

Home equity wealth for senior homeowners exceeds $14 trillion, necessitating adaptation of mortgage professionals to meet demand.

Start planning for retirement savings well before age 65, focusing on liquid assets in addition to home equity.

Establishing proper retirement savings benchmarks is essential for financial stability.

Home equity is not a liquid asset; retirees should have additional liquid savings.

Older homeowners have options like HECM and HELOC to access home equity, each with distinct benefits and considerations.

Guild Mortgage introduces the Flex Payment Mortgage, enabling seniors to access home equity without needing to sell or affecting their social benefits.

Liberty is the fourth-largest reverse mortgage lender in the U.S. and seeks to reenter proprietary market for growth.

Better has appointed Patrick Kandianis as VP of business development to enhance partnerships and focus on the home equity market.

Kandianis brings over 20 years of experience in lending sales, aiming to bridge partnerships and business development at Better.

Brian Conneen and Karime Benaissa's appointments are crucial for FOA's digital transformation and modernization of the reverse mortgage industry.

Tennessee increases reverse mortgage income limit for seniors to $60,000, reflecting rising interest in financial options among older residents.

Homeowners' equity is constitutionally protected, preventing municipalities from completely taking their properties over small tax debts.

Unison's new Equity Sharing Home Loan merges traditional mortgage features with home equity investment, enhancing access to homeowner equity.

The product comes with lower payments facilitated by shared appreciation and is customizable to meet homeowner financial needs.

FHA Commissioner Julia Gordon emphasizes the growing importance of the HECM program for financially unprepared seniors.

Montana's RAM program effectively supports seniors by providing lower-cost reverse mortgage options,