Home Sales Decline As Prices Reach All-Time High: Affordability A 'Major Challenge,' Economist Says
Homebuyers continued to struggle in January as prices sharply rose and the number of home sales in the United States dwindled. Elevated prices have limited many buyers’ ability to purchase homes. The ...
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HELOCs and home equity loans are up. Why are more people borrowing against their homes?
Clearly, home equity lending is having a moment. But why? One key reason: Rates for HELOCs and home equity loans have been falling since the beginning of 2024, while mortgage rate ...