Competition for HELOC business heats up as home equity grows

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.“How many of you have a mortgage first lien, 30-year with a 4% coupon or lower?” A majority raised their hands.“You are al
Read MoreNAR: Americans want a tax plan that supports the American dream

As Congress continues its effort to rewrite major portions of the tax code, the National Association of Realtors (NAR) unveiled new polling showing just what the American people are looking for in the legislation. The national survey shows overwhelming bipartisan support for tax provisions that stre
Read MoreFederal lands amendment draws bipartisan rebuke

As part of broader housing initiatives, Republicans in both the Trump administration and in Congress are pursuing the sale of large swaths of federal land to potentially develop housing. But the Republican front is not completely united.Earlier this month, lawmakers in the House of Representatives’
Read MoreSidelined homebuyers see opportunity in a possible recession

As economic concerns grow, a new survey from Realtor.com shows that a significant share of prospective homebuyers may view a potential recession as an opportunity rather than a deterrent.According to the survey, 63.4% of respondents expect a recession within the next year, reflecting the highest lev
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