Inflation still hitting homeowners hard. New research from Point found two thirds of homeowners say it's difficult to keep up with monthly expenses. Amanda Woolley. •. 6 min read. June 12, 2024. Blog. Point Research.…
Despite easing inflation, 78% of homeowners say the current economic climate has negatively impacted their overall finances. Amanda Woolley. •. 3 min read. June 12, 2024. Blog. Point News. You might also like: Get up to $500k from your home equity.…
While inflation continues to impact American households, Point's findings shed light on the financial needs of homeowners today as they battle ongoing economic uncertainty. Point Editorial Team. •. 2 min read. October 13, 2022. Blog. Point News.…
While inflation continues to impact American households, these findings shed light on the financial needs of homeowners today as they battle rising interest rates and ongoing economic uncertainty.…
Avoid lifestyle inflation. As your financial situation improves, you may be tempted to use your newfound cash flow to make expensive discretionary purchases. While small upgrades and splurges may be appropriate, avoiding lifestyle inflation is important.…
Long-term goals are susceptible to various roadblocks that can hinder progress - such as market downturns, inflation, income fluctuations, and even loss of motivation.…
Avoid lifestyle inflation. You may think of debt as something that happens only when you’re at a financial disadvantage. However, you can fall into debt just as easily when making good money.…
“Homeowners are living in a very different economic environment than just a few years ago – high inflation has made everyday goods more expensive than ever," said Eddie Lim, co-founder, and CEO of Point.…
Inflation hedge. Historically, property values tend to rise, even during periods of rapid inflation. Hedge against market volatility.…
“Economic factors such as high interest rates and rising inflation pushed homeowners to look for a way to make their home’s equity work for them in a new way. We were proud to be able to serve as many of them as we could.…