The Importance of Home Equity in Building Wealth

The Importance of Home Equity in Building Wealth Homeownership has always been the first rung on the ladder leading to household wealth. As Freddie Mac recently posted: “Homeownership has cemented its role as part of the American Dream, providing families with a place that is their own and an avenue

Americans Are Gaining Confidence in the Economy

Americans Are Gaining Confidence in the Economy The September Jobs Report issued by the Bureau of Labor Statistics reported that the unemployment rate dropped to 7.9%. Though that percentage is well below what experts projected earlier this year, it still means millions of people are without work. T

Mortgage rates fall once again — but rising home prices mean that buyers shouldn’t expect savings – Yahoo Business

Even with interest rates at record lows, someone buying the typical home today will have a larger monthly mortgage payment than they would have if they bought a year ago.