Sharpen Your Home Equity Strategy
Second mortgages and HELOCs could rise in popularity as buyers withdraw from the housing market
Kenny Cheung, Homebridge Financial Services Inc.
No. 27 Top Purchase Volume, No. 35 Top Dollar Volume
In tough times, lenders may need to pry open the credit box
With the housing market in a clear decline, it shouldn’t come as a shock that mortgage credit availability reached its lowest level in nine years this past July, according to a Mortgage Bankers Association (MBA) report. It’s important to note that lenders aren’t necessarily being more restrictive in terms of borrower or product risk. Rather, […]
Unequal Opportunity
Addressing appraisal bias is another step toward making housing more equitable