Tag Archives: Americans

More Americans turn to home equity for retirement funding Axios outlines how home is increasingly being used as an asset for retirement funding, but some states are seeing equity levels decline

Americans are increasingly turning to home equity for funding their retirement plans — especially through relocation and downsizing — after the pandemic led to a large uptick in home equity levels, according to data from Vanguard Group and reporting by Axios. “People still need a place to live in retirement and rarely take advantage of reverse […]

Americans are worried about outliving retirement savings, new report shows

How title companies are combating wire fraud By DDA Mortgage • 04 Jan, 2023 • Cyberattacks, particularly wire fraud through business . compromise, remain a major concern for the title industry. Attempted attacks increased significantly, according to a 2022 survey by the American Land Title Association , with 46% of respondents saying their employees receive […]

Americans are tapping home equity despite jump in rates

Soaring mortgage rates aren’t stopping plenty of U.S. property owners from tapping home equity — even if it means locking in a steep increase in their monthly repayments. In July, 86% of refinance deals required homeowners to pay a higher interest rate, the biggest share on record, according to data from Black Knight, an analytics […]

Housing Bubble 2.0 – 78% of Americans Think the Housing Market Will Crash Soon – US Housing Crash

Housing Bubble 2.0 – 78% of Americans Think the Housing Market Will Crash Soon – US Housing Crash Apparently, the people have spoken. Can you believe that 78% of Americans Think the Housing Market Will Crash Soon ? It is interesting to note that the majority of us average people are not fooled when it […]

Americans are stressed about money and finances, hurting mental health

Americans are more stressed about money than they’ve ever been, according to the American Psychological Association’s latest Stress In America Survey. “Eighty-seven percent of Americans said that inflation and the rising costs of everyday goods is what’s driving their stress,” said Vaile Wright, senior director of health care innovation at the American Psychological Association. More […]

Is it a good time to buy a home? No, most Americans say

It is not exactly surprising, given the stunning jumps in both home prices and mortgage rates, but Americans have never been more bearish on buying a house. Just 30% of adults surveyed by Gallup said now is a good time to buy a home, down 23 percentage points from a year ago. That is the […]