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Home Equity, Mortgages, Real Estate Top Stories
Round up interest rates
Heloc Fraudsters is one step ahead
Do you think your home equity credit line is safe? Think about it again. Not only is the Heloc scam on the rise, it’s despicable and lets you drain your savings before you realize it. Find out how scammers can steal the simple steps you can take to protect your money and your hard-earned home equity funds.
Despite the economy, you can still buy a house
Fear of a recession may make you think about suspending your homeowner’s plan. However, experts say that if you are financially prepared and plan to stay for a few years, it can actually cost you more to wait. This is why it makes more sense to buy a house now, not later.
Why do women have less wealth in their homes?
Single women buy more homes than single men. But they draw less wealth from their homes, the most important asset many Americans have. From higher prices to reducing sales returns and wage gaps to tougher negotiations, the housing market still stacks unevenly decks for women. What can even be done at the arena?
Another week, another home price record
Home prices continue to rise to new heights: the latest Case Schiller index shows an annual increase of 3.4% in March. However, growth has slowed, and in fact it has declined in the last two months. Which cities have the hottest and coldest housing markets?
Small house, bigger price tag
There is no doubt about that. Being a homebuyer is a frustrating time. Home prices continue to rise, with mortgage payments doubled since 2020, but new homes are the lowest in about a decade. But experts say refraining from a larger “eternal” home may not be the best strategy.
Decipher what’s behind the Home Equity Loan Fee
Have you ever bought a Heloc or Home Equity Loan and wondered how the prices offered are actually set? It’s not just your lender calls for a shot. The Fed’s financial movements and your credit profile and home value also play a key role.
Just in case you missed it
Technically, these stories have been released in the past few weeks, but they are still worth highlighting.
Homeownership and the future of your family
Real estate not only retains value, but also tends to be grateful over time. For many families, homeownership is often their first and sometimes only chance, building real wealth that they can convey. This is why it’s so important to own a home, not just for the present, but for the future.
Home Equity Costs Discovered
Origination fees, valuation reports, and credit report fees are part of the closure fees that you must pay when obtaining a home equity loan or HELOC. Good news? Overall closure costs are often less than what you pay on a major mortgage. There are also some that can be negotiated.
