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Home Equity Jumps to $726 Billion Happy To Sponsor Lunch Today At RAPB Class! Mortgage Masters Group mortgage market update – December 4, 2017 December 4, 2017 Admin In this week’s mortgage market update, we’ll take a look at how mortgage rates are currently trending, how they’re forecast to move, and how volatile the market is expected to be in the near future. Thank you for joining the Greenlight Re Conference Call for.Year over year, equity rose by a total of $726 billion, or 10.8 percent. The most equity growth occurred on the West Coast. While the average homeowner saw equity rise by about $13,000, those in California, Washington, and Oregon had increases between $25,000 and $30,000.
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Hottest real estate markets for millennials in 2019 Insurance sticker shock’ for home buyers Increasingly, experts in health insurance are becoming concerned that many of these first-time buyers will be in for a shock when they get medical care next year and discover they’re on the hook.Only 32 percent of millennials owned a home in 2015, according to a 2018 Millennial Homeownership Report from the Urban Institute. However, that might change in 2019. While interest rates are rising, housing prices are expected to stabilize, offering additional affordable options to first-time.