Annual spending on home improvements has been down in recent years, but that’s expected to change in 2025 with a 1.2 percent increase in renovation spending, according to a report by the Joint Center ...
Homeowners are cashing in on years of home equity gains, even as mortgage rates remain elevated. The trend sent cash-out home refinancing activity to a nearly three-year high in the April-June quarter ...
Annual spending on home improvements has been down in recent years, but that’s expected to change in 2025 with a 1.2% increase in renovation spending, according to a report by the Joint Center for ...
Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home equity loan is a fixed-rate, lump-sum loan that allows homeowners to borrow up ...
Cash-out refinancing hits near 3-year high in Q2 Total tappable U.S. home equity reaches $11.6 trillion Some markets see equity drop as prices cool in Sunbelt, West Homeowners are cashing in on years ...