Borrowers See 1st YOY Decline In Home Equity Since 2012
The 0.7% YOY decline in Q1 is equal to an average loss of $5,400 per borrower from Q1 2022.
Tagged: Home Equity
U.S. Home Mortgage Lending In Q1 Falls To 23-Year Low
Total residential loans drops nearly 20% as just 1.25m loans were originated.
Bank Failures Curb Home Equity Originations In 2023
Report says second-mortgage production reached post-financial crisis high in 2022 before falling off this year.
STRATMOR: More Lenders Should Consider Home Equity Loans
'Tappable' home equity has grown by $3.4 trillion over the last three years.
The Loan Store Lets Home Buyers Leverage Equity For Down Payment
Partnership with HomeLight allows home buyers to buy before they sell.
Home Prices In February Post 1st Increase In 8 Months
Black Knight's Mortgage Monitor Report says prices rose the most month over month since May 2022.
Home Equity Flattens Out In Q4: ATTOM
Nearly half of mortgaged homes remain equity-rich, while level of seriously underwater mortgages remains unchanged.
Fintech Splitero Secures $11.7M In Series A Funding Round
Home equity solutions firm also announces expansion into Oregon and Utah.