Housing Wire

DECEMBER 16, 2024

Homeowners have generally done well over the last few years in accumulating home equity wealth. Since the onset of the pandemic, average equity per borrower increased by about $117,000 nationally, totaling almost $312,000 per mortgaged borrower. Aggregated across borrowers with a mortgage, home equity adds up to almost $17.5

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Equity Mortgages Loans Design 370

Housing Wire

MARCH 31, 2025

Following a rise to an all-time high in the second quarter, senior-held home equity saw a modest decline in the third quarter and endured a more severe drop in the fourth quarter. Homeowners 62 and older saw their collective home equity levels drop by 1% in Q4 2024 to a total of $13.95 home equity. This is encouraging news.

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Housing Wire

JANUARY 8, 2025

Real estate investment trust Redwood has expanded its home equity platform, Aspire, to include alternative loan products amid affordability challenges in the housing market, the company announced Tuesday. Through Aspire, launched in September 2023, Redwood directly originates home equity investments (HEIs).

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Housing Wire

NOVEMBER 13, 2024

In today’s challenging market, higher interest rates and home values have created a unique opportunity for lenders to grow their home equity lending business. Despite the recent interest rate reduction , the demand for home equity products remains strong. What about the property condition?

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Equity Lending Loans Renovation 370

Housing Wire

APRIL 22, 2025

As it aims to appeal to potential clients who may be taking a closer look at tapping into home equity , reverse mortgage lender Finance of America (FOA) has debuted a new marketing campaign in concert with its new creative agency to illustrate the lifestyle impacts of its products. Well let the market tell us where to go from there.

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Equity Marketing Finance Mortgages 352

Housing Wire

JUNE 23, 2025

Instead of refinancing, they’re tapping into their equity through home equity loans and HELOC s to finance renovations, cover tuition, or consolidate high-interest debt. The next step is simple: Utilize them earlier in the origination workflow, especially for lower-risk home equity transactions. Alternatives are allowed.

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Lending Equity Loans Technology 348

Housing Wire

JUNE 9, 2025

housing market is flashing warning signs reminiscent of 2008: rising household debt burdens, persistent inflation and home prices that are outpacing incomes. 2025 housing market risks: Echoes of 2008 Several economic indicators signal increasing risks in the 2025 housing market. Regional market imbalances amplify these risks.

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Marketing Debt-to-income ratio Fixed-rate mortgage Loans 440

Housing Wire

APRIL 9, 2025

We’ve seen a lot of baby boomers staying in their houses because they’ve gained a lot of equity and don’t want to have to pay capital gains taxes, she said. This is a really great strategy, because if your kids inherit your house after you pass away, they could sell the property tax-free.

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Housing Wire

MARCH 13, 2025

Home equity increased nationally by $281.9 year over year, according to the latest CoreLogic Homeowner Equity Report (HER), released Thursday. But the report also noted rising negative equity in some sunbelt states, along with Oregon and Washington, D.C. The average borrower had $303,000 in home equity at the end of 2024.

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Equity Mortgages Residential As-is 274

Housing Wire

MAY 20, 2025

John Toohig stood at a podium as the moderator of a panel about home equity lines of credit (HELOCs) and asked an illustrative question of the audience of mortgage professionals. You take out the equity in the home you have and try to get it as close to the home you want. trillion in available equity among U.S.

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Equity Loan Officer Banks Loans 331

Housing Wire

NOVEMBER 1, 2024

According to Davis, rising home prices have led homeowners to tap into their equity for purposes such as debt consolidation , home renovation and student loan repayment. Regarding secondary market appetite for these products, Davis said there’s interest, particularly for closed-end seconds, from insurance companies and pension funds. “We

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Equity Debt-to-income ratio Mortgages Investor 383

Housing Wire

JUNE 24, 2025

home equity hit an all-time high of $34.5 Along with the rise in equity, total mortgage debt has actually fallen by a marginal amount — from $13.4 Dan McCue, a researcher with JCHS, said that record-high home equity has uneven benefits on the housing market overall. trillion in 2024. That’s more than triple the $11.4

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Housing Wire

APRIL 16, 2025

Home equity levels among U.S. Among the lesser anticipated consequences, high amounts of home equity can limit the amount of financial aid that some prospective college students are eligible for. Generally speaking, homeowners also appear reluctant to tap into their home equity despite its meteoric growth over the past five years.

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Equity Lending Mortgages As-is 322

Housing Wire

APRIL 21, 2025

As one of only a few states considering more stringent regulation of the home equity investment (HEI)/home equity contract product category, lawmakers in the state of Washington have requested an academic study to assess the impacts on state residents who may use an HEI to tap into their home equity.

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Equity Principal Loans Mortgages 302

Housing Wire

MAY 8, 2025

homeowners would consider tapping their home equity via products like a home equity line of credit ( HELOC ) due to ongoing concerns about the economic climate, stemming from a rise in volatility and uncertainty over the past three years. Still, the rise in the potential use of home equity lending comes with caveats.

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Lending Equity As-is Mortgages 334

Housing Wire

MAY 5, 2025

San Francisco-based home equity solutions provider Unison announced Monday that it’s lowering the annual percentage rate (APR) on its Equity Sharing Home Loan, an alternative funding vehicle aimed at helping U.S. homeowners tap into record levels of equity. Rates for high-risk borrowers sometimes exceed 12%.

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Equity Loans Mortgages Finance 327

Housing Wire

JANUARY 24, 2025

Business-purpose residential mortgage lender Dunmor announced Thursday that it has received a minority equity investment from Newfi Lending , a nonagency mortgage lender owned by funds managed by Apollo Global Management. According to Dunmor, the investment is an extension of an original partnership initiated in June 2024.

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Equity Lending Residential Branding 367

Housing Wire

JUNE 5, 2025

The luxury housing market lost momentum in April as financial uncertainty prompted many high-end buyers and sellers to hold off on transactions, according to a new report from Zillow. Despite a slowdown in market activity, prices have continued to rise, with luxury home values increasing 2.7% growth seen in the broader housing market.

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Marketing Equity As-is Mortgages 364

Housing Wire

JUNE 25, 2025

The housing market continued to cool in May, with buyer leverage increasing across many regions of the country, according to a new survey from The Real Brokerage. and Canada — points to softening transaction activity and a shift in market power toward homebuyers. Another 29% said the market is balanced. in May, down from 47.8

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Marketing Brokerage Branding Agents 373

Housing Wire

NOVEMBER 8, 2024

Sean Shallis, a “Recovering Realtor” and top-producing loan officer , is offering strategies to help realtors break through this stagnation by leveraging micro-market shifts to create urgency and inspire action. Leveraging micro-market shifts Realtors have an opportunity to use local market changes to drive urgency for their clients.

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Marketing Loan Officer Equity Loans 370

Housing Wire

DECEMBER 11, 2024

The stagnant 2024 housing market is one the real estate industry cant wait to get away from, but not so for the niche luxury market. The 2025 Red Paper from The Agency shows the luxury market making a sharp diversion from the broader existing home sales market, which could clock in near a historic low at fewer than 4 million sales.

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Marketing Equity Sales Mortgages 370

Housing Wire

DECEMBER 17, 2024

Homebuyers have become older and wealthier Young people are having a particularly hard time in the housing market. Existing homeowners, leveraging their home equity, can make substantial down payments, giving them a significant edge over first-time buyers who must borrow more at todays higher interest rates.

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Marketing Equity As-is Mortgages 384

Housing Wire

APRIL 15, 2025

Unfortunately, we also had a huge spike in mortgage rates as the chaos of tariffs roiled markets, making U.S. So the question is, will this little bit of market momentum be able to hold up? Unsold inventory of homes on the market has been rising for years and is already at the highest level since 2019 nationally.

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Marketing Sales Mortgages Equity 410

Housing Wire

JUNE 17, 2025

As the real estate industry faces unprecedented transformation, Century 21 Real Estate has stayed active through aggressive franchise growth, market consolidation and engagement with evolving homebuyer demographics. We announced numerous recent moves in markets including California , Florida , Oregon , Georgia , Colorado and Nevada.

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Industrial Marketing Branding Commercial 369

Housing Wire

OCTOBER 10, 2024

Ongoing supply and affordability challenges in the housing market have frustrated many homeowners who have looked to trade up or relocate for various reasons. The market for renovation projects is a lucrative one for homebuilders and contractors. And there are now 32 million borrowers who have at least $100,000 in tappable equity.

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Renovation Equity Lending Banks 450

Housing Wire

DECEMBER 18, 2024

The company has an aggressive marketing goal to reach the No. Citis previous use of the URL was to redirect to learning center content within the home lending pages on the Citi domain, according to Head of Mortgage Marketing at Citi, Chip Burgard. Market share and brand authority Why launch this site now?

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Marketing Lending Branding Banks 397

Housing Wire

APRIL 7, 2025

While the housing market seems like the least of our financial worries right now as stock markets are melting down around the globe, we track housing here at HousingWire, so it opens the question: how quickly could we see impact in the housing market and in which data would we see it first? We can lose our jobs.

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Marketing Sales Mortgages As-is 418

Housing Wire

MAY 2, 2025

Financial literacy resource provider FirstHome IQ has announced a partnership with Crib Equity , a co-investment platform that aims to improve affordability by increasing the down payment and lowering debt. ” Recent data from FirstHome IQ reveals that the average American scores only 57% on basic financial literacy assessments. .

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Housing Wire

OCTOBER 31, 2024

This is in line with some other proprietary reverse mortgages and seven years lower than the age requirement for the Home Equity Conversion Mortgage (HECM) program offered by the Federal Housing Administration (FHA). But FOA contends that HomeSafe Second represents a better value proposition than a traditional HELOC.

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Mortgages Equity Loan Officer Loans 409

Housing Wire

APRIL 10, 2025

But when confronted with volatility in the markets, advisors who are more concerned with the risk of loss might start to slowly open themselves up to more conversations. While most of the broader tariffs have since been delayed by at least 90 days , theyre not all lifted and the market reacted tepidly in active trading on Thursday.

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Keeping Current Matters

JUNE 13, 2025

For Sellers , Infographics , Senior Market , Downsize , Equity You May Have Enough Equity To Downsize and Buy Your Next House in Cash Facebook Twitter Pinterest LinkedIn Some Highlights Have you been holding off on downsizing? If so, you should know your equity could make your move possible. Learn more!

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Housing Wire

SEPTEMBER 12, 2024

Home equity continued to rise in the second quarter of 2024 as residential properties with mortgages collectively gained $1.3 trillion in equity over the past year. But growth began to slow during these three months, according to the CoreLogic Homeowner Equity Insights report published on Thursday.

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Housing Wire

JUNE 26, 2025

” Crescenzo characterizes the mortgage market as flat. “I have clients that bought three years ago, five years ago, and they might be sitting on, you know, $40,000, $60,000, or $75,000 in that short span of a potential equity gain. So I do think that the market has calmed down,” he said. ”

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Mortgages Equity Loans Loan Officer 405

Housing Wire

JANUARY 30, 2025

Tom Davis: When you’re working with a professional and you want expertise, you’re going to want to work with someone who is the expert in your market. Davis: Either you take market share or someone takes yours, right? Diego: Why the push into home equity ? A lot of folks were expecting a decline in 2025.

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Housing Wire

APRIL 28, 2025

During last week’s earnings call, PennyMac Financial Services chairman and CEO David Spector said during a Q&A with investors and analysts that the company’s goals include continued growth in its broker direct channel and 10% market share by the end of 2026 a goal of more than 100% growth over the next 18 months.

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Marketing Principal Mortgages Loans 387

Housing Wire

MAY 27, 2025

Weve entered the busiest season in the real estate industry at the same time that markets are more uncertain than ever. Current market uncertainty may increase the already stressful process of selling a home. This is a crucial time for agents to act as trusted guides to their clients, particularly first-time sellers.

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Agents Marketing MLS Staging 366

Housing Wire

APRIL 16, 2025

Equity Smart Home Loans made a splash Wednesday by announcing it is severing ties with United Wholesale Mortgage (UWM) and partnering with Rocket Pro. We’re in a tough market. ” In 2024, Equity Smart Home Loans originated over 1,600 loans, according to Modex data. “It just comes down to pricing.

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Equity Loans Loan Officer Mortgages 238