Rising home values have translated into large equity gains over the past few years. As of 2024, homeowners hold an average of $315,000 in equity. A cash-out refinance allows you to tap into your home ...
We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Wavebreakmedia / Getty Images After a sharp drop of 16 basis points over four days, ...
Mortgage applications increased 29.7% from a week earlier for the week ending Sept. 12, according to the Mortgage Bankers Association. This increase is nearly triple the amount compared to the week ...
The demand for home loans eased but still ticked up 0.6% for the week ending Sept. 19, according to the Mortgage Bankers Association. The increase is not as significant as the 29.7% increase in ...
Annual spending on home improvements has been down in recent years, but that’s expected to change in 2025 with a 1.2 percent increase in renovation spending, according to a report by the Joint Center ...
When it comes to mortgage loans, the loan-to-value (LTV) ratio is one of the most important numbers. This ratio gives both the borrower and lender a picture of how much of the property’s value is ...