Source: Oregon Live — Soaring real estate values mean many homeowners are awash in equity — the difference between what they owe and what their homes are worth. The average-priced home is up 42% since the start of the pandemic, and the average homeowner with a...
Source: Forbes — The rate on a 30-year fixed refinance decreased today. The average rate on a 30-year fixed mortgage refinance is 6.04%, according to Bankrate.com, while the average rate on a 15-year mortgage refinance is 5.22%. On a 20-year mortgage refinance,...
Source: CBS News — If you’re struggling with the rising costs of inflation, tapping your home equity may provide some relief. With products like cash-out refinances, home equity loans or HELOCs, you can turn that equity into cash and use it for any...
Source: Real Estate Capital Europe — Calls from concerned real estate clients have been coming into the London office of risk management firm Chatham Financial with increasing regularity in recent weeks as borrowing rates in the industry have steadily...
Source: Chicago Agent Magazine — The relationship between homebuilders and real estate brokers is constantly changing and getting cozier in today’s market. Brokers in the business of representing those buying and selling residential real estate will often tell...
Source: CDA Press — If you’re a homeowner and haven’t faced a big repair bill yet, just wait. Even in the best-maintained homes, stuff will wear out or break. Budgeting for these inevitable bills isn’t always easy. One commonly cited rule of...
