While the threat of property damage and associated monetary losses resulting from Atlantic hurricanes is well documented, a new study puts numbers on the extent of the risk to homeowners and their communities. Climate scenarios are on the minds of home buyers, influencing where and what they buy as they consider both costs and standard […]
Hurricane risks can raise housing costs but drive down value Read More »
Home equity lending hasn’t been this hot in almost two decades. Second-lien equity withdrawals approached 2008 levels in the recent first quarter, according to Intercontinental Exchange. Homeowners grabbed nearly $25 billion in home equity lines of credit, while overall first quarter equity withdrawals, including cash-out refinances, totaled $45 billion. Introductory rates on second-lien HELOCs fell
Home equity lending is flourishing as HELOC rates fall Read More »
Enjoy complimentary access to top ideas and insights — selected by our editors. Market volatility under a second Trump administration was no match for Rocket Companies’ appetite for mergers in the first quarter of the year, as the origination giant inked deals to acquire real estate brokerage Redfin and mega servicer Mr. Cooper. Now comes
Rocket’s deals for Redfin, Mr. Cooper bring new growth and challenges Read More »