The U.S. housing market is on a tear and the majority of Americans expect that housing prices in their area will continue to rise. Despite this optimism, some investors and analysts are questioning whether we are due for another correction. A strengthening economy might suggest that housing prices will continue to go up, but certain
According to the Federal Reserve Bank of New York, in the fourth quarter of 2017, mortgage debt in the United States reached $8.8 trillion, an increase of $139 billion from the third quarter of 2017. Mortgages comprise the largest amount of household debt, which increased for the 14th consecutive quarter. However, mortgage debt statistics vary
Buying a home is likely to be the largest purchase you ever make and homeownership offers certain financial fringe benefits. Take advantage of Credit Sesame’s tools if you’re considering a home equity loan.
Mortgage rates have been near historic lows for the past few years but recent Federal Reserve rate hikes have them inching back up. As of mid-April, the average 30-year mortgage rate was 4.08 percent, according to Freddie Mac. That’s up a half a percentage point from a year ago, when 30-year home loans were going
The wildly popular 100,000-point credit card sign-up bonus that Chase offered in 2016 and later scaled back by half is back, but with a catch — a big one. To get this massive windfall of points, you have to finance a home mortgage through Chase Mortgage.
Are you in the market for a home? Your timing is good because you can still lock in a low rate on a mortgage. But this opportunity will not last forever. The U.S. is coming out of an historically low interest rate period, and the Federal Reserve has already begun increasing rates. To help you
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