Article by: Simplifying the Market™Originally Published: December 6, 2018, 11:00 amOver the last six years, we have experienced strong price appreciation which has increased home equity levels dramatically. As the number of “cash-out” refinances begins to approach numbers last seen during the crash, some are afraid that we may be repeating last decade’s mistake. However, […]
Where Are Interest Rates Headed in 2019?
Article by: Simplifying the Market™Originally Published: December 5, 2018, 11:00 amThe interest rate you pay on your home mortgage has a direct impact on your monthly payment. The higher the rate, the greater the payment will be. That is why it is important to know where rates are headed when deciding to start your home […]
Homeowners Aged 65+ Have 48x More Net Worth Than Renters
Article by: Simplifying the Market™Originally Published: December 4, 2018, 11:00 amEvery three years, the Federal Reserve conducts their Survey of Consumer Finances in which they collect data across all economic and social groups. Their latest survey data covers responses from 2013-2016. The study revealed that the median net worth of a homeowner was $231,400 – a 15% increase since […]
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