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Home Equity, Mortgages, Real Estate Top Stories
Round up interest rates
Housing market slows rolls
Home prices are still rising, but rocket rides are slowing down. Latest Case Schiller data shows that the value of the house rose 2.7% in April, less than in the previous months. Is this a sign that the era of rapid price increases is over? What does slowing mean for home buyers and sellers?
Open Helock for no reason?
Usually, homeowners bring their own shares (HELOCs) out for specific purposes, such as renovations or debt consolidation. However, some financially thoughtful schools recommend establishing a line and not using it. Just store it for emergencies or for major unexpected costs. When does this strategy make sense?
Should one home be able to fund another?
If you like the second home and don’t know how to afford it, then you don’t need to look any further than your current residence. You can tap on Home Equity from one property to buy another property. However, it comes with certain risks and drawbacks, so walk this path carefully.
HomeBuying Gets High-Tech Makeovers
Buying a home today feels overwhelming, but technology is making this process smarter, faster and more personalized than ever before. From AI-powered image matching to help you find a home in your dream kitchen, to drone-assisted inspections and estimating the value of a smarter home, we’ll look at all ways Tech will change your home-being journey.
Confirm your refinance decision from a bygone day
Bankrate Writer recalls refinancing her mortgage more than a decade ago and realizes that she has made many mistakes. Here’s how you can benefit from her hindsight:
Just in case you missed it
Technically, these stories have been released in the past few weeks, but they are still worth highlighting.
Split home equity in divorce
As the song says, “Divation is hard to do” – especially when deciding how to split home equity in divorce. Should you sell your house? Would you buy your ex? Do you want to maintain joint ownership? Each option has pros, cons and lots of what-ifs that previous couples need to know.
Can your home help you to settle big bills?
From high profit credit cards to personal loans to medical costs, Americans didn’t have any more debt. For homeowners, leveraging their fairness to resolve those outstanding balances may provide much-needed relief. But like almost all economic moves, there are pros and cons to consider.
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