The risks of taking out cash against a home in today’s market

Home equity has been a hot topic of conversation over the past year thanks to soaring home prices. According to CoreLogic, in May, national home prices saw a 15.4 percent year over year increase, the highest since 2005 and the fourth consecutive month of double-digit growth.  Consistent home price growth throughout the pandemic has created … Read more

Homeowners are losing their enthusiasm for refinancing

Mortgage lenders faced a double-whammy in May, with demand for both purchase loans and refinancing falling despite the fact that mortgage rates came back down after surging in February in March. Mortgage lenders faced a double-whammy in May, with demand for both purchase loans and refinancing falling despite the fact that mortgage rates came back … Read more

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