In 2014, 1.2 Million Borrowers Regained Equity


CoreLogic® conducted an analysis that showed that 1.2 million borrowers regained equity in 2014, bring the total number of mortgaged homes with equity at the end of 2014 to 89 percent.  However, from Q3 to Q4 of 2014, the negative equity value increased $7 billion to $348.8 billion.  Over the course


Low Mortgage Rates Spell Bad News for Brokers

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As a result of the recovering economy and the Federal Reserve stimulus program that created an artificial cap, mortgage rates will inevitably rise. As this shift happens, homeowners who would usually consider selling their current homes to buy new homes actually hold onto them in order to keep their historically low mortgage rates, rather [...]