•. 4 min read. 22% of homeowners feels “stuck” because of high mortgage rates. Only 1 in 10 of homeowners who want to move in 2023 think they will, according to the Point Homeowner Sentiment & Moving Survey. Point Editorial Team. •. 4 min read.…
Set against a backdrop of a potential recession, mortgage rates at 20-year highs, and news cycles dominated by layoffs, we found homeowners are pessimistic about their ability to move when they want and about the future of mortgage rates.…
- While there is no clear consensus about what will happen to mortgage rates and home sales in 2023, the real estate experts from organizations like the Mortgage Bankers Association, Zillow, Taylor Morrison, and others surveyed in Point’s 2023 Real Estate…
Though mortgage interest rates haven't been this high since 2002, half of the homeowners who considered a loan against their home in the past year are moving forward, according to new research from Point. Point Editorial Team. •. 4 min read.…
And with mortgage rates on the rise, refinancing is a less attractive way to leverage home equity.”.…
Though mortgage rates haven't been this high since 2002, half of the homeowners who considered a loan against their home in the past year are moving forward.…
Home equity loans — also known as second mortgages — allow homeowners to borrow money against the equity in their homes.…
In hot markets, buyers may forego their right to an inspection report, but that’s a risk that most mortgage lenders won’t underwrite.…
You may be wondering, "how do reverse mortgages work?" or whether a reverse mortgage alternative is a better fit. In this post, we'll take a deep dive into the workings of reverse mortgages. Point Editorial Team. •. 3 min read. February 10, 2022.…
Make larger or additional mortgage payments. Paying down your mortgage is one of the most effective ways to increase the amount of equity you own.…
Home equity loans are an attractive solution for homeowners looking to tap into their home's wealth. Before applying, it's crucial to understand how home equity loans work and whether they're a good option for your financial situation.