In welcome news for homeowners braving a volatile housing market, home equity in the U.S.—the share of your property you actually own—reached the third-highest level on record at the end of last year, ...
Mortgage originations and home equity lending both increased in the second quarter despite elevated interest rates and home prices, according to TransUnion’s Q2 2025 Credit Industry Insights Report.
Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home equity loan is a fixed-rate, lump-sum loan that allows homeowners to borrow up ...
60% of homeowners said that low interest rates have influenced their decision not to sell in the near future. 71% of homeowners said they would be interested in consolidating their debt. 37% said ...
Homeowners have multiple ways to access their accumulated home equity. From home equity lines of credit (HELOCs) to reverse mortgages and home equity loans and mortgage refinancing, there's likely a ...
Deephaven Mortgage has launched the Equity Advantage HELOC, offering flexible qualification options for self-employed borrowers. This product caters to a growing second-lien market, allowing borrowers ...
NEW YORK--(BUSINESS WIRE)--Better Home & Finance Holding Company (NASDAQ: BETR) (“Better” or “Better.com” or “the Company”), the leading digital homeownership company, today announced record growth in ...
With the mortgage market in turnaround, many homeowners are looking to tap their home equity rather than sell. One of the largest home lenders in the U.S., Rocket Mortgage, also has some of the most ...
Your home equity is the market value of your home minus any outstanding debt on your property — including primary mortgages ...
Home equity is a valuable financial resource. By definition, it’s the difference between your home’s value and how much you owe on your mortgage. For example, if your home is worth $500,000 and you ...