Home Equity news and trends

Homeowners Turn to HELOCs as Mortgage Rates Rise
Consumer Finance // July 16, 2023

 American homeowners are reportedly living in the age of the HELOC. That stands for home equity line of credit, which — as a Saturday (July 15) Bloomberg News report notes — has become a more popular method of borrowing against the value of consumers’ homes...

Hometap Launches Home Equity Dashboard to Power Homeowners’ Financial Decisions
Consumer Finance // May 10, 2023

Hometap has launched a digital platform designed to help homeowners make more informed financial decisions about their home. The new Home Equity Dashboard allows homeowners to view their equity and access tools and resources that will help them reach their financial goals, Hometap said in...

Helping Homeowners Access Home Equity Without Debt
Real Estate // June 25, 2020

When it comes to purchasing a home or attempting to take equity out of a home in cash form — there aren’t an awful lot of options. Debt, by and large, is the option the vast majority of consumers have. And this, Unison CEO Thomas...

Borrowers Come Up Short On Home Equity Lines In Pandemic
Loans // June 18, 2020

For many Americans, home equity lines of credit aren’t a sure thing right now, with a 19 percent drop nationwide, The Wall Street Journal (WSJ) reported. According to data from credit reporting firm Equifax, as reported by WSJ, banks’ holdings of home equity lines were...

Interviews & Exclusives
Helping Homeowners Access Home Equity Without Debt

June 25, 2020
When it comes to purchasing a home or attempting to take equity out of a home in cash form — there aren’t an awful lot of options. Debt, by and large, is the option the vast majority of consumers have. And this, Unison CEO Thomas Sponholtz told PYMNTS in a recent conversation has pretty much […]

NOAH CEO: How A New Twist On Home Equity Helps Homeowners Bridge The Cash Crunch

April 28, 2020
As the economy has more or less ground to a halt over the last several weeks, time has become harrowing for homeowners who face frozen income streams and continuing mortgage...

Figure’s Mike Cagney On How Blockchain Is Reinventing Lending

December 10, 2019
Homeowners have trillions of dollars of untapped, but tappable equity in their properties. Yet, home equity lines of credit have a long way to go before rebounding to where they...

Can A Digital Platform Make The Grade With Teachers Trying To Buy Homes?

April 15, 2019
Talk with old-timers from the Bay Area – or people approaching old-timey status – and there’s a good chance you’ll hear stories, lamentations and rants about how that metro area...

Quick Reads
EasyKnock and Piñata Partner on Credit Building Programs for Renters

April 24, 2024
EasyKnock has partnered with Piñata to offer EasyKnock’s customers access to credit building programs. EasyKnock helps homeowners convert the trapped equity in their homes into cash and remain in their homes as renters, the company said in a Wednesday (April 24) press release. Now, with this partnership, those customers can access Piñata’s reward and credit building platform for renters, according to the […]

Homeowners Turn to HELOCs as Mortgage Rates Rise

July 16, 2023
 American homeowners are reportedly living in the age of the HELOC. That stands for home equity line of credit, which — as a Saturday (July 15) Bloomberg News report notes...

Hometap Launches Home Equity Dashboard to Power Homeowners’ Financial Decisions

May 10, 2023
Hometap has launched a digital platform designed to help homeowners make more informed financial decisions about their home. The new Home Equity Dashboard allows homeowners to view their equity and...

Borrowers Come Up Short On Home Equity Lines In Pandemic

June 18, 2020
For many Americans, home equity lines of credit aren’t a sure thing right now, with a 19 percent drop nationwide, The Wall Street Journal (WSJ) reported. According to data from...