The coronavirus outbreak, we know, is a health crisis and a national economic crisis. It’s also, for many Americans, a personal-finance crisis. Many of us, especially those in our 50s or 60s, are now very worried about our money due to the pandemic. Th… Continue reading
Western states saw the most dramatic gains: Idaho, Wyoming and Arizona saw average gains at $18,700, $17,900 and $14,800, respectively. Continue reading
Thomas Sponholtz, founder and CEO of Unison, explores the idea of trading equity on a home during this panel at Inman Connect New York 2020. Continue reading
Stagnant wage growth and booming costs of living are stressing homeowners, according to a new HomeTap study released Tuesday. Continue reading
According to a Redfin survey of 3,000 Americans who bought or sold a home in the last year, 46 percent of respondents say rising home prices have made their lives worse. Continue reading
With an additional $5 million in financing, Patch Homes is among a growing list of startups that let homeowners sell an equity stake in their home for cash. Continue reading
HSH.com is a mortgage industry and content resource and has launched KnowEquity Tracker and Projector to help homeowners manage their equity. Continue reading
The reverse mortgage market has been in a state of flux ever since the U.S. government in 2017 reduced the amount borrowers age 62 and older can draw from their home equity for its Home Equity Conversion Mortgage (HECM) and raised that loan’s premiums…. Continue reading