Plus, Fannie and Freddie increase loan limits, multimillion-dollar markets, record home equity gains in the third quarter, and the risk of a housing bubble.
Tag: California home equity
Plus, more homeowners with a mortgage are considered ‘equity rich’ and affordability improves slightly thanks to lower prices.
Plus, the Great Escape slows, prices for new homes out of reach for many in Sacramento, and four cities that make the Livability.com grade.
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A big payday, thanks to your home
Plus, the flip side of the equity gain for homeowners means home-shoppers are losing ground (see how much income needed by market). Mortgage lenders expect much higher FHA conforming loan limits and closing costs increase (sort of).
Also, home-flipping activity slows, rents continue to slide in major cities, wildfires spark insurance rate increases, Paradise home values plummet and equity soars.