Don’t Expect a Flood of Foreclosures
Don’t Expect a Flood of Foreclosures The rising cost of just about everything from groceries to gas right now is leading to speculation that more people won’t be able to afford their mortgage payments. And that’s creating concern that a lot of foreclosures are on the horizon. While it’s true that fo
What is a home equity line of credit, or HELOC?
As a homeowner, you have an opportunity to take advantage of the equity in your home through a home equity line of credit, or HELOC. This can be a great option for those who are looking to invest in their home, pay off high-interest debt, or make a large purchase. However, not all HELOCs are created
How Inflation Affects Mortgage Rates
When you read about the housing market in the news, you might see something about a recent decision made by the Federal Reserve (the Fed). But how does this decision affect you and your plans to buy a home? Here's what you need to know. The Fed is trying hard to reduce inflation. And even though the
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