Homeowners Gained an Average of $55K in Equity in the Past Year
As a homeowner, rising home equity contributes to your overall net worth. Equity, which is the current value of your home minus the amount remaining on the loan, is growing faster than expected, especially [...]
What Are Some Perks of Purchasing a Home?
What Are the Benefits of Home Ownership? When it comes to owning a home, you gain several perks that come along with attaining the American Dream. These benefits range from social to financial, and [...]
How Your Credit Card APR Gets Impacted by Fed Rate Hikes
In March 2022, the Federal Reserve raised interest rates for the first time since December 2018. The Fed, seeking to counter the historically high inflation, approved a 0.50 percentage point interest rate increase and [...]
Vacation & Second Home Demand is Still Up
The lure of a second home or a vacation home surged for the affluent during the pandemic lockdowns due in part to historically low rates, reports Redfin. In March 2021, second home purchase mortgage [...]
Mortgage News Weekly 5/23/22
In this Issue… A Look Into the Markets Mortgage Market Guide Candlestick Chart Economic Calendar for the Week of May 23, 2022 A Look Into the Markets This past week, home loan rates improved slightly [...]
Hanging Patterned Wallpaper Like a Pro
After losing popularity for the past several years, wallpaper is making a comeback. Attractive wallpaper can make a huge difference in transforming the overall appearance and finish of a room. However, that doesn't mean [...]