Taxes

September 18, 2019

“Tappable” Equity Climbs to New High of $6.3 Trillion

Tappable equity reached an all-time high of $6.3 trillion in the second quarter as home-price gains made real estate more valuable.  The amount of equity homeowners […]
September 9, 2019

Most Americans Have Tapped Their Retirement Savings

Approximately 52% of respondents admit to tapping their retirement savings account early for a purpose other than retiring, according to a survey by MagnifyMoney.  The Investment […]
August 20, 2019

U.S. Homeownership Tenure Reaches Record High

American homeowners are staying put longer than ever before, with the average tenure reaching a record high of 8.09 years in the second quarter of 2019. […]
August 8, 2019

Most U.S. Markets Out of Reach for Would-Be Homebuyers

A good real estate agent might tell you that the general rule of thumb when buying a home is to follow a price-to-income ratio of 2.6.  […]
August 7, 2019

Cost of Living in the U.S. Climbs

It keeps getting more expensive to live in the U.S., as new data shows that both rent and home prices are continuing to climb. Rent values […]
July 31, 2019

Mortgage Delinquencies Spiked in June

While seasonal factors were attributed to the monthly rise in mortgage delinquencies for June, the jump was still much higher than last year’s fairly steady increase, […]
July 30, 2019

Mortgage Fraud Risk Plunges

The risk of mortgage application fraud fell in the second quarter of 2019 thanks to a decrease in interest rates. According to CoreLogic’s National Mortgage Application […]
July 24, 2019

Loose Credit Standards Reach Post-Housing Crisis High

As purchase applications stalled this spring despite low mortgage rates, lenders continued to loosen credit standards in May, according to the Mortgage Bankers Association. Mortgage credit […]
July 23, 2019

Borrowers Better at Paying Mortgages

American homeowners are doing a fine job keeping up with their mortgage payments, a strong sign of a healthy, functioning economy. The latest report from the […]