Everything you need to know aboutMortgage News

Aly J. Yale
- 2 min read

How Americans are using the HELOC to their advantage

Home equity topped $1 trillion in the U.S. last month, and American homeowners are certainly taking advantage of it. According to a new study, Home Equity Lines of Credit (HELOCs) are becoming especially popular – especially with Generation Xers and homeowners in the Midwest.

Aly J. Yale
- 2 min read

Dodd-Frank repeal: Why you don’t have to worry about it

Congress just approved a partial rollback of the Dodd-Frank mortgage reform law. But the part that affect borrowers — the collection of information to detect discrimination — won’t harm consumers who shop for mortgages online.

Aly J. Yale
- 1 min read

HELOCs poised to rise; tappable equity jumps for most homeowners

It looks like HELOCs are about to rise. According to a new survey, nearly half of all homeowners have a Home Equity Line of Credit on their radar, with 42 percent saying they’re somewhat, very or extremely likely to apply for one in the next 18 months.

Aly J. Yale
- 1 min read

Home buying trends: Millennials are more conventional than you might think

Millennial home buyers seem to have pretty good credit. According to new home buying trends, not only are their credit scores rising, but they’re also qualifying for more conventional loans – products that are traditionally more difficult to get without stellar credit.