


Home Equity Can Build Wealth.
Fast-rising home values have more homeowners sitting on newfound home equity. Home equity is the current value of a home minus the amount of mortgage debt against it. Home equity represents valuable savings, but it can also be a valuable financial tool. Homeowners...
Mortgage interest rates fall for first time in weeks
Before the COVID-19 pandemic, interest rates floated at all-time lows and provided families and future homeowners a big incentive to enter the market and buy a home or refinance their current mortgage. Recently, the average fixed rate mortgage rate for a 30-year loan...