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High mortgage rates and little inventory explain why over 60% of homeowners did or will perform a repair project in the next year, a LendingTree survey found.
September 13 -
The provider of home-equity loan products will partner with Cerberus Residential Opportunities, an affiliate of the capital management firm, with CEO Jerry Schiano at the helm.
September 1 -
Volumes dropped below 900,000 in the first three months this year, while the cumulative loan balance nationwide also declined on a quarterly basis for the first time since 2015.
August 10 -
Equity-rich mortgages — those that have a loan-to value ratio of 50% or lower, meaning the mortgage holder's equity stake is at least half the property's worth — made up some 49% of the national total in the second quarter of this year, according to a report by Attom, a real estate data provider.
July 27 -
Households saw an average annual decrease of $5,400 earlier this year, but recent price trends point to some of that value returning, according to a new CoreLogic report.
June 9 -
Home Depot Inc. cut its outlook for the year after first-quarter sales dropped more than expected, a sign that economic uncertainty is leading to a pullback in home-improvement spending.
May 16 -
The loans increased their share to more than 20% of home lending volume in the fourth quarter, compared to just 7% a year earlier.
April 17 -
Purchase and refinance mortgages continued their slide as total origination volume was $475.5 billion during the final months of 2022, down 56% from the end of 2021.
March 2 -
Lenders are seeking to capture homeowner interest amid higher living costs, but home values have collectively fallen from their record-high last summer.
February 22 -
Despite slowing originations, the shift to a purchase-oriented market contributed to growth, while outstanding HELOC amounts also surged to its largest in over a decade, the Federal Reserve Bank of New York found.
February 16