NextAdvisor2 days agoSecond Mortgage vs Home Equity LoanNextAdvisor - Kat TretinaNearly half of mortgaged-American homeowners are considered “equity-rich.” Due to home values skyrocketing over the past few years, 48.1% of residential properties with a mortgage and other home loans cover at least half of their value, according to second quarter data from ATTOM, a real estate data …
NextAdvisor2 days agoWill Biden Extend the Student Loan Pause or Forgive Loans? 3 Decisions He Has to Make SoonNextAdvisor - Alex GaileyAnxious Americans with student loans want answers from President Joe Biden. For the last two and a half years, President Joe Biden has promised millions of Americans saddled with student loans that more help is coming. But he has yet to address his campaign promise to forgive $10,000 of student debt …
NextAdvisor3 days agoBest HELOC and Home Equity Loan Lenders in New JerseyNextAdvisor - Kat TretinaThe Jersey shore. Atlantic City casinos. Liberty State Park. New Jersey has some fantastic attractions, and with its proximity to New York and Philadelphia, it’s a popular state for working professionals. The typical home value in New Jersey is $467,384 as of June 2022 — 15.1% higher than this time …
NextAdvisorHalf of Mortgaged Homes Are ‘Equity-Rich,’ But Borrowing With a HELOC Just Got More ExpensiveNextAdvisor - Jon ReedKey Takeaways The average rate for a home equity line of credit (HELOC) is up 1.38 percentage points from last week, a massive increase. • Some of that is due to the Federal Reserve raising its short-term rate last week, but the expiration of lenders’ promotional rates also played a role, experts …
NextAdvisorBest HELOC and Home Equity Loan Lenders in UtahNextAdvisor - Kat TretinaUtah’s population is growing rapidly. According to the Kem C. Gardner Policy Institute, the Beehive State’s population grew by over 58,000 between July 1, 2020 and July 1, 2021. With such rapid growth, the housing market in Utah has been red hot. In fact, homeowners in Utah gained an average of …
NextAdvisorBest HELOC and Home Equity Loan Lenders in MassachusettsNextAdvisor - Kat TretinaFrom Boston to Pittsfield, homeowners in Massachusetts have seen their home values skyrocket. According to CoreLogic’s Homeowner Equity Insights report for Q1 of 2022, Massachusetts homeowners with mortgages saw their equity increase by an average of approximately $62,000 during the past year. If …
