We spend a lot of time in mortgage lending talking about income. How much does the borrower earn? What is the debt-to-income ratio? How much of a monthly payment can the household reasonably carry? What happens to purchasing power when the mortgage rate moves another...
A new data report from ATTOM has determined that 41.1% of mortgaged residential properties in the second quarter were equity-rich, down from 43.3% in the first quarter and from 47.4% in the second quarter of 2025. After four straight quarters of decline, the national...
Rocket Mortgage, a division of Detroit-headquartered Rocket Companies (NYSE: RKT), has launched a marketing campaign encouraging homeowners to tap into their home equity as a strategy for avoiding high-interest credit card debt. The campaign debuted today with a new...
Homeowners tapped equity during the first three months of the year at the highest first-quarter levels since 2021, according to data from Intercontinental Exchange, Inc. (NYSE: ICE). The increase was primarily attributed to second-lien lending (54% of equity...
A new data report from ATTOM determined that 43.3% of mortgaged residential properties during the first quarter were equity rich, down from 44.6% in the previous quarter. This marked the lowest share of equity rich residential properties since the fourth quarter of...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
