Tapping home equity in retirement has advantages and pitfalls: Harvard researcher

Older Americans are forced to navigate a series of serious financial challenges compounded by their needs for both housing and later life care. While home equity can certainly be a beneficial tool for some seniors to deploy, it will not always be a definitive answer for every senior’s needs.This is
Read MoreMortgage rates sit still in the first week of 2024

In the first week of 2024, mortgage rates continued to stick around the mid 6% mark.The 30-year fixed-rate mortgage averaged 6.62% as of Jan. 4, a slight increase from the 6.61% rate recorded on Dec. 28, according to Freddie Mac‘s Primary Mortgage Market Survey released on Thursday. The 15-year fixe
Read MoreQ1 2024 BrokerPulse: Leaders predict flat home prices, lower interest rates

After a 2023 of real estate brokers saying they feel “neutral” or “pessimistic” about the housing market, some 48% of those surveyed for the Q1 2024 HousingWire BrokerPulse survey are optimistic that the next three months will be positive.In fact, some 60% says that interest rates will go down in th
Read MoreloanDepot CIO on the evolution of build versus buy over 14 years

Editor in Chief Sarah Wheeler sat down with George Brady, loanDepot’s chief information officer, to discuss the company’s evolving tech strategy and how he thinks long-term about tech in a rapidly changing environment.Sarah Wheeler: You joined loanDepot in 2021 from Capital One. What drew you into t
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