DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
” - 1 Marina Walsh - 1 ” Walsh - 1 HELOC originations - 1 Joe Mellman - 1 Freddie Mac - 1 Mellman - 1
Top related locs:
Washington originations U.S
Top related orgs:
DC CNN - 1 Louis Federal Reserve - 1 Equity Lines of - 1 Mortgage - 1 Association - 1 TransUnion - 1 “ - 1 refinances - 1

Search resuls for: "HELOC originations"


3 mentions found


☆ Homeowners are tapping into home equity to get cash
  + stars: | 2023-08-16 | by ( Anna Bahney | ) edition.cnn.com   time to read: +5 min
That means homeowners are now collectively sitting on nearly $30 trillion in home equity, according to the St. Louis Federal Reserve. Other reasons that borrowers gave for taking out a HELOC or home equity loan included debt consolidation and emergency cash management. Hidden source of valueA homeowner’s equity in their home can be a tremendous source of wealth. A homeowner’s equity will fluctuate over time as they make payments on their mortgage and real estate market dynamics impact the current value of the home. Mortgage balances stay high because of home equity loansNationally, mortgage balances remain near record highs as some people turn to home equity loans, rather than HELOCs, according to a quarterly report from TransUnion.
Persons: ”, Marina Walsh, ” Walsh, HELOC originations, Joe Mellman, Freddie Mac, Mellman Organizations: DC CNN, Louis Federal Reserve, Equity Lines of, Mortgage, Association, TransUnion, “, refinances Locations: Washington, originations, U.S
☆ The HELOC boom: With mortgage rates and home values on the rise, should you borrow against your home equity?
  + stars: | 2023-03-20 | by ( Molly Grace | Laura Grace Tarpley | Mortgage Reporter | ) www.businessinsider.com   time to read: +7 min
Is a HELOC a good idea in 2023, and how can borrowers find the best HELOC lenders? How much you could borrow with a HELOCAccording to Boyd, the average credit line size a HELOC borrower gets is around $150,000. To find out the maximum amount you could borrow with a HELOC, multiply your home's current value by your HELOC lender's maximum CLTV. For example, Boyd says that some HELOC lenders can take 50 days or more to close. So as you start your search for a good HELOC lender, it might be worth checking out what your current bank offers.
☆ 4 survival strategies for proptech housing startups as they enter the sector's hardest year yet
  + stars: | 2023-01-07 | by ( Alex Nicoll | ) www.businessinsider.com   time to read: +6 min
Proptech, the application of technology and venture capital to real estate, is naturally grappling with the change. Amid the threat of a recession, proptech startups have resorted to layoffs and other cost-cutting measures. In the meantime, Wedlake said, proptech companies and venture capitalists have shelved the "growth at all costs" mindset. In a recent blog post, Wedlake outlined four tactics that proptech startups were using to survive the deep freeze. So if proptech startups need to fundraise in 2023, they're likely going to have to accept lower valuations to attract any capital, Wedlake said.
0 next >>
Total: 3