Home Equity

Rising Prices Pushed Total U.S. Home Equity to Record Level in Q3

Due to rising home prices, the amount of equity U.S. homeowners had as of the third quarter increased by 10.8% year over year, reaching a record high, according to CoreLogic. Homeowners gained over $1 trillion in equity in the third quarter alone, CoreLogic says in its most recent home equity report. The number of mortgages in negative equity fell by …

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Could Housing Equity Help Cover Growing Retirement Costs?

Americans looking to their retirement with inadequate savings need to consider tapping into the equity value of their homes to help finance their post-career years, according to a Forbes op-ed column authored by Rayan Rafay, COO and CFO at Fraction, a San Francisco-area digital platform that provides homeowners with socially conscious financial solutions. Rafay, who … The post Could Housing …

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