Reported 3 days ago
Recent home equity news reveals that home prices have reached new record highs, with a 3.4% annual increase reported in March, despite recent slowing growth. Meanwhile, HELOC rates dropped to 8.14%, although home equity loans only saw a slight rise to 8.24%. Experts warn of increasing HELOC fraud, urging homeowners to take protective measures. Despite economic uncertainties, financial experts advocate for home buying as it may actually be more beneficial now than later. Additionally, issues such as the gender wealth gap in homeownership continue to persist.
Source: YAHOO