Why Are Home Prices Rising So High? Blame Record-Low Mortgage Rates

From: Realtor.com When the coronavirus pandemic gutted the strongest U.S. economy, many assumed another recession would bring rock-bottom home prices along with it. Instead, home prices defied logical assumptions—and soared to new heights. Paradoxically enough, one of the biggest drivers of the double-digit price hikes is the very same record-low mortgage interest rates that put […]

Read More Why Are Home Prices Rising So High? Blame Record-Low Mortgage Rates

The Best and Worst Uses for HELOCs

Home equity is a valuable asset for every homeowner and can provide funds for just about anything. However, when deciding to tap into your home equity, homeowners should use extreme caution and decide how valuable the investment will be in a few years. An advantage to tapping into your home equity loan is the interest […]

Read More The Best and Worst Uses for HELOCs