American homeowners are sitting on $17 trillion in equity. The average mortgaged borrower holds $295,000. By any historical standard, these are people with options. And yet, when a $14,000 roof replacement or HVAC failure hits, a growing share of them won’t tap a single dollar of that equity. Borrowers who locked in rates below 4% […]
HELOCs to Installment Lending for Home Improvement Financing Read More »
Of the 50 U.S. counties with the risk for distressed properties, 31 are concentrated in four states, led by Florida, an Attom Data Solutions analysis found. Processing Content Florida is the home of 12 of those counties, with the No. 1 most at risk locale in the nation being Charlotte County. California was next with
31 of 50 riskiest housing markets cluster in 4 states Read More »
Legislation under consideration in Congress would create a bipartisan commission of experts tasked with developing long-term reform options for Social Security and Medicare. Rather than advancing immediate policy changes, the panel would study the financial outlook for the programs and submit recommendations for lawmakers to consider. The proposed Commission on Sustaining Medicare and Social Security
Social Security, Medicare solvency could be examined by bipartisan commission Read More »