How Smart Buyers Are Approaching Rising Mortgage Rates Last week, the average 30-year fixed mortgage rate from Freddie Mac inched up to 3.1%, and experts project rates will continue rising through 2022: “The 30-year fixed-rate mortgage was 2.9% in the third quarter of 2021. We forecast mortgage rates to increase slightly through the remainder of the year and reach […]
Home Equity: 4 Ways to Use It
4 Ways You Can Use Your Home Equity Your home equity is a powerful tool that can help you achieve your goals as a homeowner. And chances are, your equity grew substantially over the past year. According to the latest Equity Insights Report from CoreLogic, homeowners gained an average of $51,500 in equity over the past year. If you’re […]
Strength of the Economy Is Surprising the Experts
Strength of the Economy Is Surprising the Experts We’re currently in the longest economic recovery in U.S. history. The strength of the economy is even surprising experts. That has caused some to ask these experts to project when the next economic slowdown (recession) could occur. Two years ago, 67% of the economists surveyed by the […]