Total tappable home equity nears its 2022 peak: ICE
Data from ICE shows that the equity cushion for many homeowners has nearly returned to its 2022 highs, as the Fed signals rate cuts in 2024.
Source: reversemortgagedaily.com
Page 5 - Andy Walden News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Andy Walden. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Andy Walden Today - Breaking & Trending Today
Mortgage Rates Fall Below 7%. More Declines Could Be on the Horizon.
The average 30-year fixed mortgage rate this week was 6.95%, Freddie Mac said.
Source: marketwatch.com
High mortgage rates sideline homeowners from tapping home equity: ICE
Just 0.41% of tappable equity was withdrawn in Q3, 55% below the average withdrawal rate between 2010 and 2021.
Source: yahoo.com
Southern California home values near record despite the high cost of borrowing
Southern California housing affordability is at the lowest level in decades amid rising home prices and mortgage rates.
Source: yahoo.com
Worst housing market in 39 years: Record share of Americans say it's a 'bad time' to buy
A record number of Americans are frustrated by today's housing market and think now is a terrible time to buy.
Source: ksl.com