HELOC Balances Surpassed $45,000 in 2024
HELOC balances rose 7.2% nationwide in 2024 as more homeowners tap equity amid high mortgage rates and limited refinancing options.
Appraisals Will Look Different Soon
Over a 14-month period starting in September, lenders are phasing in new appraisal reporting for all GSE-conforming loans.
Florida Consumer Sentiment Rebounds
After three months of decline, Floridians grew more optimistic in May, with stronger confidence in making major purchases and in the future of the U.S. economy.