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3 Ways Home Equity Can Have a Major Impact on Your Life

3 Ways Home Equity Can Have a Major Impact on Your Life

3 Ways Home Equity Can Have a Major Impact on Your Life There have been a lot of headlines reporting on how home equity (the difference between the current market value of your home and the amount you owe on your mortgage) has dramatically increased over the past few years. ➡️ See My Active Listings … Continued

The Importance of Home Equity in Building Wealth

The Importance of Home Equity in Building Wealth

The Importance of Home Equity in Building Wealth. Homeownership has always been the first rung on the ladder leading to household wealth. As Freddie Mac recently posted: “Homeownership has cemented its role as part of the American Dream, providing families with a place that is their own and an avenue for building wealth over time. This ‘wealth’ … Continued

Home Equity Gives Sellers Options in Today’s Market in La Mesa CA

Home Equity Gives Sellers Options in Today’s Market

Home Equity Gives Sellers Options in Today’s Market . . Homeownership is one of the best ways to invest in your financial future, especially as your home equity grows. Home equity is a form of forced savings that can work to your advantage as the value of your home appreciates. Across the country, home equity … Continued

Mortgage Rates Hit Record Lows for Three Consecutive Weeks

Mortgage Rates Hit Record Lows for Three Consecutive Weeks

Mortgage Rates Hit Record Lows for Three Consecutive Weeks. . Over the past several weeks, Freddie Mac has reported the average 30-year fixed mortgage rate dropping to record lows, all the way down to 3.03%. Last week’s reported rate reached the lowest point in the history of the survey, which dates back to 1971 (See graph below): What does … Continued

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