Tag Archives: Joe Mellman

Home equity could be ‘viable solution to ease debt pressures,’ experts say as mortgage balances nationwide grew in the third quarter according to TransUnion.

A new report from TransUnion explores FHFA’s proposal to utilize two instead of three credit reports, and the significant impact such a move would have on consumers, mortgage lenders, and the broader economy.

All types of credit, mortgages and credit cards included, were up in Q1 of 2023.

Delinquencies are expected to continue their downward trend into 2019. Here is a closer look at other predictions that will shape the housing market in the near future.

Here’s what a report revealed about the factors contributing to the ups and downs in mortgage balances and delinquency rates.

New data released on Tuesday has projected this year’s numbers for consumers opening new home equity lines of credit. Read on to find out what trends the data reports— and see what characteristics consumers who pursue HELOCs share.