Homeowners Gain $9,800 in Equity

National Homeowner Equity In the second quarter of 2020, the average homeowner gained approximately $9,800 in equity during the past year. Montana had the highest year-over-year average increase at $28,900. Negative Equity Falls In the second quarter of 2020, the...

Chase Stops HELOC Loans

Initially, JPMorgan Chase announced that they were increasing their lending standards for home mortgage borrowers. The new threshold would require at least a 20% down payment and a FICO score of minimum 700. This might appear to be severe but the average FICO score in...