19 Jul 2021

Exercising Care and Caution with Cash-Out Financing

In 2020, the United States witnessed a real estate phenomenon. Interest rates dropped, home prices rose, and U.S. homeowners pulled out nearly $185 billion from their homes' equity through cash-out refinancing, representing the highest amount of equity pulled out since 2007. However, analysts are now warning homeowners to be cautious when pursuing a cash-out refinance. Here's why.

20 Nov 2020

Looking Deeper: Will the tide soon turn in our booming real estate market?

Since 2011, the residential real estate market has been steadily climbing. Housing prices have increased year-over-year in most major markets, with the housing medium rising 55% over the last decade (June 2010 to June 2020). This bullish market has proven beneficial to investors and homeowners across the country. However, as a result of the 2020 market, some analysts predict that 2021 may experience a significant shift. We may be transitioning to a bear market as