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Home equity products light up a dark housing market

Housing Wire

As the housing market suffers through a drought of home sales and related mortgage originations in the current high-rate environment, home prices and home equity continue to climb, helping to spark a revival of another sector — home equity lending and investment. billion, according to a review of bond-rating and industry reports.

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Leveraging Your Home Equity to Ease Money Worries and (Better Yet!) Build Wealth

Lighter Side of Real Estate

When you’re worried about money, it can feel like you’re the only person in the world who’s struggling to figure out how to pay for things. About 25% of those surveyed said they devote a full week each month on budgeting, checking their bank account balance, and reviewing their credit card transactions.

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Pending legislation would end home inspection waivers in Massachusetts

Housing Wire

He is also the 2024 president of the American Society of Home Inspectors (ASHI), which has some 5,000 members and is one of two national home inspector organizations deemed “trustworthy” by the National Association of Realtors (NAR) — with the other being InterNACHI. Brian Ashe, who co-sponsored the House version of the legislation.

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Vishal Garg unveils Better’s new strategy as a publicly traded company 

Housing Wire

The business combination closing, announced Wednesday, unlocks approximately $565 million of fresh capital, including a $528 million convertible note previously committed from affiliates of SoftBank and additional common equity from funds affiliated with NaMa Capital (formerly Novator Capital). ” And what is Better.com best at?

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Many mortgage lenders are like frogs in a slow boil

Housing Wire

Last year that figure hit 50 deals, and for 2023 STRATMOR projects there will be at least 60 such M&A deals — for a total of 110. “We Repurchase requests are prompted after GSE quality-review teams uncover underwriting errors in mortgages purchased by the agencies. “It

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Good Riddance: CMHC Cancels First-Time Home Buyer Incentive

Toronto Realty Blog

Alright, quickly… Back in 2019, which happened to correspond with an upcoming federal election, there were rumours that the government was going to introduce a “shared-equity mortgage” as a way of helping would-be home-buyers to get into the market. My point is this: I had planned on taking a victory lap today.

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A 2023 Guide to Flipping Houses in California: 5 Cities to Consider

HomeLight

Ready to figure out how to start flipping houses in California? HomeLight analyzes millions of transactions and thousands of reviews to find you the right agent for your needs — in just under two minutes. DISCLAIMER: This article is meant for educational purposes only and is not intended to be financial or legal advice.