Home values are hovering at near record highs. For many homeowners, their home is their most valuable asset and home equity can be a significant source of their wealth. Homeowners can leverage the value of their home, such as in the form of a home equity loan and home equity lines of credit (HELOC). They […]

Despite the cuts to the short-term interest rates by the Federal Reserve, mortgage rates have largely refused to budge. One reason is that consumer price inflation has not been fully contained and slightly accelerated in the past two months. Lending money over the longer term needs to compensate for future returned money’s loss of purchasing […]

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