Podcasts about tappable

The financial markets are freaking out, that should be good for mortgages. Also, Buyer agent commissions down to 2.55% since the NAR settlement. And finally, Tappable home equity reached a new high of $11.5 trillion.

Today's podcast is sponsored by Candor. Candor's authentic Expert System AI has powered more than 2 million flawless, hands off underwrites. Every credit risk decision Candor makes is backed by a Warranty, eliminating repurchase worries.Tyler Osby Link

Today's podcast is brought to you by nCino, makers of the nCino Mortgage Suite for the modern mortgage lender. nCino Mortgage Suite's three core products -- nCino Mortgage, nCino Incentive Compensation, and nCino Mortgage Analytics -- unite the people, systems, and stages of the mortgage process. See how nCino can support a homeownership journey that your borrowers and your team will love at nCino.com.

Thanks again to this week's sponsor Black Knight. Black Knight is an award-winning software, data and analytics company that drives innovation in the mortgage and real-estate industries, and the capital and secondary markets. The company's Data & Analytics division provides comprehensive property and mortgage data, as well as market-leading analytics. Learn more at www.blackknightinc.com/climaterisk.

Have you ever felt shy, lonely, or disconnected from others?  Now there's a way to connect with others and have great friends.  Our guest on Love University, Cat Moore (cat-moore.com), USC Director of belonging, shared some insights on how to bring positive people into your life and feel a powerful sense of belonging and connection with others. Here's what we learned: *Make yourself “Tappable.”  Put yourself out there to interact with people. Go to public spaces, activities, and events. Smile at others, say “Hi,” pay sincere compliments.  Make yourself approachable and chances are someone interesting will start a conversation with you. If you're shy or Introverted, start small. Say “Hi” to a couple of people and see how that feels. Practice your smile with others. The more you send loving energy into the environment, the more likely someone will respond favorably to you. *Show Empathy and Listen.  Cat says, “Being listened to with empathy  is the closest thing to feeling loved.  When you're with others, make sure you listen without judgement—put yourself in their shoes. Ask: “How would I feel if I were in their position?”  When you show up with loving intention, you will be able to develop deeper, more meaningful relationships. *Meet your friends in person. In our hyperconnected society, many people are overwhelmed with virtual relationships, but lack deep meaningful connections on a personal level.  Cat suggests that you meet your friends on a regular basis (weekly) in person if possible (homes, coffeeshops, outdoor locations). According to Cat, we need embodied experiences (not just zoom) to sustain quality connections. Relationships are a living organism that have to be fed regularly for true bonding to take place.   Although we've become more of an internal society with more people working and entertaining from home, it's important that we balance our social and self-care needs. If you're more Introverted or shy, you may be perfectly content staying home and not interacting too much with people. Yet, it's important to remember that other people may need you—your companionship, attention, advice, and love. Also, you can learn valuable things from others, and you can feel that you're not alone in this big unpredictable world. Love and be loved. That is the essence of human connection. It's simple, but if you do it, you will achieve a great sense of belonging, peace, and joy.

Have you ever felt shy, lonely, or disconnected from others?  Now there's a way to connect with others and have great friends.  Our guest on Love University, Cat Moore (cat-moore.com), USC Director of belonging, shared some insights on how to bring positive people into your life and feel a powerful sense of belonging and connection with others. Here's what we learned: *Make yourself “Tappable.”  Put yourself out there to interact with people. Go to public spaces, activities, and events. Smile at others, say “Hi,” pay sincere compliments.  Make yourself approachable and chances are someone interesting will start a conversation with you. If you're shy or Introverted, start small. Say “Hi” to a couple of people and see how that feels. Practice your smile with others. The more you send loving energy into the environment, the more likely someone will respond favorably to you. *Show Empathy and Listen.  Cat says, “Being listened to with empathy  is the closest thing to feeling loved.  When you're with others, make sure you listen without judgement—put yourself in their shoes. Ask: “How would I feel if I were in their position?”  When you show up with loving intention, you will be able to develop deeper, more meaningful relationships. *Meet your friends in person. In our hyperconnected society, many people are overwhelmed with virtual relationships, but lack deep meaningful connections on a personal level.  Cat suggests that you meet your friends on a regular basis (weekly) in person if possible (homes, coffeeshops, outdoor locations). According to Cat, we need embodied experiences (not just zoom) to sustain quality connections. Relationships are a living organism that have to be fed regularly for true bonding to take place.   Although we've become more of an internal society with more people working and entertaining from home, it's important that we balance our social and self-care needs. If you're more Introverted or shy, you may be perfectly content staying home and not interacting too much with people. Yet, it's important to remember that other people may need you—your companionship, attention, advice, and love. Also, you can learn valuable things from others, and you can feel that you're not alone in this big unpredictable world. Love and be loved. That is the essence of human connection. It's simple, but if you do it, you will achieve a great sense of belonging, peace, and joy.

Daily Meeting - Personal Finance 11: Creating WealthThe Fifth Law of GoldGold feels the man who would force it to impossible earning or who followers the alluring advice of tricksters and schemers or who trusts it to his own inexperience and romantic desires in investment.Nice people who are smart are the worst people with moneyStay away from get rich quick schemesYou win when you buy and when you sellFind an intelligent vehicle for your $1,000/monthEvery investment on the planet has extra expenses.If you take money out, it's coming out with a fee.Make sure the fees are reasonable when investing.Do it anywayYou've never created wealth from something that didn't cost too muchOnce you get your money, your job is to move the money.If you don't move the money, you'll lose the money.Have a bigger plan in sightKnow how much the plan costGo do the research and find out how much it costs to put down (assume 20%)Ex: Want to use $1,000/month to get a 10 unit apartment complexThe cost to put down is $35,000It's going to take 40 months to get the 10-unit apartment complexIf you have $25,000, put that $25,000 into a vehicle that will yield you money, then take that money along with the $25,000 you already have, use $35,000 of it and buy your 10 unit apartment complex. Then take the remaining $15,000 and put it back into the vehicle to yield more money.https://news.yahoo.com/homeowners-home-equity-200843204.html#:~:text=Tappable%20home%20equity%20jumped%20by,trillion%20growth%20set%20in%202020 Money is useless if it's not movingKnow how long it's going to take for your money mature to where you want it to go3 Steps to Create Wealth — Grant Cardonehttps://www.youtube.com/watch?v=8bS_KCVWTI0 You've got to make a decision what you want to do with your wealthSet a money goalGo out and earn moneyThere's no shortage of success on planet earthFind out how to get moneyIt's about peopleWho can help you solve your howWho's got your moneyFigure out how to keep the money once you get it People who pay pay attentionFigure out the IRS gameMake investments rather that spending moneyFigure out how to make investments to multiply your wealthA social construct is an invisible world with invisible rules in an invisible government, and you are its #1 evangelist as well as its #1 prisoner.The only way to tear down a social construct is to introduce new informationClosing ThoughtsYou do not serve a God to where you learn something until Sept. 30th and not changeAntonio is in the process of doing 11 certifications in AI, Machine Learning, and Data Science. He then is going to take that information and apply it to the video games he's creating.Support this podcast at — https://redcircle.com/the-secret-to-success/exclusive-contentAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Learn more about Black Knight and how the innovative solutions they provide are transforming the industry at www.blackknightinc.com.

U.S. mortgage holders saw record $1.2T boost in tappable equity in Q1: Black Knight. Biden to waive solar panel duties, eyes other tariff relief. Apple WWDC 2022 preview: What to expect from the annual developer conference. Catch today's WSB article here. Learn more about your ad choices. Visit megaphone.fm/adchoices

No episódio de hoje, nossos Hosts apresentam os melhores softwares digitais para alavancar suas vendas.  Aprenda as estratégias por trás de cada ferramenta e como multiplicar seus Leads. Aprenda agora no ROI Hunters!♦  Não deixe de seguir o ROI HUNTERS nossos Hosts e nosso convidado no Instagram:

Daily Meeting - Personal Finance 11: Creating WealthVisit Mexit News: https://mexitverse.com/The Fifth Law of GoldGold feels the man who would force it to impossible earning or who followers the alluring advice of tricksters and schemers or who trusts it to his own inexperience and romantic desires in investment.Nice people who are smart are the worst people with moneyStay away from get rich quick schemesYou win when you buy and when you sellFind an intelligent vehicle for your $1,000/monthEvery investment on the planet has extra expenses.If you take money out, it's coming out with a fee.Make sure the fees are reasonable when investing.Do it anywayYou've never created wealth from something that didn't cost too muchOnce you get your money, your job is to move the money.If you don't move the money, you'll lose the money.Have a bigger plan in sightKnow how much the plan costGo do the research and find out how much it costs to put down (assume 20%)Ex: Want to use $1,000/month to get a 10 unit apartment complexThe cost to put down is $35,000It's going to take 40 months to get the 10-unit apartment complexIf you have $25,000, put that $25,000 into a vehicle that will yield you money, then take that money along with the $25,000 you already have, use $35,000 of it and buy your 10 unit apartment complex. Then take the remaining $15,000 and put it back into the vehicle to yield more money.https://news.yahoo.com/homeowners-home-equity-200843204.html#:~:text=Tappable%20home%20equity%20jumped%20by,trillion%20growth%20set%20in%202020 Money is useless if it's not movingKnow how long it's going to take for your money mature to where you want it to go3 Steps to Create Wealth — Grant Cardonehttps://www.youtube.com/watch?v=8bS_KCVWTI0 You've got to make a decision what you want to do with your wealthSet a money goalGo out and earn moneyThere's no shortage of success on planet earthFind out how to get moneyIt's about peopleWho can help you solve your howWho's got your moneyFigure out how to keep the money once you get it People who pay pay attentionFigure out the IRS gameMake investments rather that spending moneyFigure out how to make investments to multiply your wealthA social construct is an invisible world with invisible rules in an invisible government, and you are its #1 evangelist as well as its #1 prisoner.The only way to tear down a social construct is to introduce new informationClosing ThoughtsYou do not serve a God to where you learn something until Sept. 30th and not changeAntonio is in the process of doing 11 certifications in AI, Machine Learning, and Data Science. He then is going to take that information and apply it to the video games he's creating.Support this podcast at — https://redcircle.com/the-secret-to-success/exclusive-contentAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

SUMMARY: Tappable equity almost hits $10 trillion, those who think it is a good time to buy hits a record low, and the middle-class is being priced out of the housing market... SourceTappable Equity Almost Hits $10 TrillionRecord-Low Think Buying A Home Is A Good IdeaThe Middle-Class Is Getting Priced OutBut wait, there's more...SIGN UP: Markets & Mortgages  Morning Newsletter

In this Real Estate News Brief for the week ending December 11th, 2021... new FHFA conforming loans limits, tappable equity at a record high, and where drones may be used to inspect buildings.Hi, I'm Kathy Fettke and this is Real Estate News for Investors. If you like our podcast, please subscribe and leave us a review.Economic News We begin with economic news from this past week, including a report that shows inflation has hit a 39-year-high. The government reported a .8% increase in consumer prices last month. That puts the yearly rate at 6.8% which is more than 3 times the Federal Reserve's 2% target. Higher prices for gas, motor vehicles, housing, and food account for most of the increase. The Fed expects inflation to fall below the 3% level by the end of next year. Some economists expect it to take longer. (1) The latest unemployment report shows that initial claims dropped to just 184,000. That's the lowest level since 1969. The government adjusts the numbers for seasonal employment so they may be skewed somewhat, but as MarketWatch reports, they are extremely low and economists expect them to go even lower as the economy continues to strengthen. There's also a worker shortage so many employers are hesitant to let people go. (2) Even if they aren't firing workers, there's been a surge in the number of people leaving or switching jobs. As MarketWatch reports, almost 39 million people have quit their jobs this year. That includes a record 4.4 million in September. Economists expect the year to end with a record-high quits rate. Some are calling this trend “The Great Resignation.” (3)Consumer sentiment turned positive in December, although many Americans are still worried about inflation. The University of Michigan index rose to 70.4. That's up three points from the November reading, but down about 10 points from a year ago. (4)Mortgage RatesMortgage rates are still close to the 3% level. Freddie Mac says the average 30-year fixed-rate mortgage was down one basis point to 3.1% last week. The 15-year was also down one point, to 2.38%. (5)In other news making headlines…Conforming Loan Limits Move HigherThe Federal Housing Finance Agency released final figures on conforming loan limits for 2022. For most of the nation, the maximum amount will be $647,200.The maximum moves above the baseline amount for more expensive areas like the San Francisco Bay Area, Los Angeles, New York City, and others. The highest amount rises to almost a million dollars in those pricier locations, to $970,800. That's 150% above the baseline amount. (6)New Record High for Housing Prices Home prices are a moving target and continue to move higher although price growth has slowed down a bit. Redfin says the median home sale price rose to a new high during the four-week period that ended on December 5th. It says the median price is now $360,250. That's 14% higher than it was a year earlier, and 30% higher from December of 2019. (7)The average sale-to-list price ratio was 100.5%. That means the average home sold at .5% over it's listing price. That's only the average. In 43% of the transactions, homes sold for more than the listing price. In 31% of the sales, sellers accepted an offer within one week of the homes hitting the market.Tappable Equity SurgesSkyrocketing prices are giving property owners a lot of equity. Black Knight says total U.S. home equity was up $250 billion in the third quarter to a total of $9.4 trillion. That's 32% higher than the same time last year. AND it's almost 90% higher than it was right before the housing market collapsed into the Great Recession. (8)Black Knight's data and analytics president Ben Graboske says: “That works out to nearly $178,000 available in tappable equity to the average homeowner with a mortgage before hitting a maximum combined loan-to-value ratio of 80%.”Average mortgage debt is now down to 45.2% thanks to higher prices. That's giving consumers and investors more tappable equity that can be used for other purposes such as home improvements or the purchase of investment properties. Building Inspections with Drones?Drones could be the next great tool for New York building inspectors. They usually perform their inspections using binoculars and cameras from the street, and sometimes from the roofs of other buildings. Construction Dive reports that the city may soon authorize the use of drones for those inspections. (9)Officials say they could “yield more detailed results and greater safety, as well as greater efficiency and documentation.”That's it for today. Check the show notes for links. And please remember to hit the subscribe button, and leave a review!You can also join RealWealth for free at newsforinvestors.com. As a member, you have access to the Investor Portal where you can view sample property pro-formas and connect with our network of resources, including experienced investment counselors, property teams, lenders, 1031 exchange facilitators, attorneys, CPAs and more.Thanks for listening. I'm Kathy Fettke.Links:1 -https://www.marketwatch.com/story/coming-up-u-s-consumer-price-index-for-november-11639142278?mod=home-page2 -https://www.marketwatch.com/story/jobless-claims-sink-43-000-to-184-000-lowest-since-1969-11639057122?mod=mw_latestnews3 -https://www.marketwatch.com/story/people-quit-jobs-at-slightly-slower-rate-in-october-11638976546?mod=econo4 -https://www.marketwatch.com/story/coming-up-december-umich-consumer-sentiment-11639147437?mod=economic-report5 -http://www.freddiemac.com/pmms/6 -https://www.fhfa.gov/DataTools/Downloads/Pages/Conforming-Loan-Limits.aspx7 -https://www.redfin.com/news/housing-market-update-record-high-price-record-low-inventory/8 -https://www.blackknightinc.com/black-knights-october-2021-mortgage-monitor/?9 - https://www.constructiondive.com/news/new-york-city-inches-toward-drones-for-building-inspections/611185/

Tappable equity hits an all-time high at $9.4 trillion, Rent prices & occupancy continue to soar, and the Fed could double the taper to deal with inflation

19. Tappable trees & other ways to make syrup For the article that I mentioned on this topic, go here: https://soulyrested.com/2020/02/11/what-trees-can-be-tapped-for-syrup/ For lots more information on this topic, see chapter 5 of Sweet Maple : https://soulyrested.com/order Go here to grab those bonus offers I mentioned (scroll to the bottom and type in your email and receipt info): https://soulyrested.com/order For special offers on my favorite things: https://soulyrested.com/coupons/ For SoulyRested Swag (I think you’ll LOVE this swag!): https://soulyrested.com/gear/ To access my Subscriber Resource Library go here: https://soulyrested.com/snag-free-ebooks/ Maple Peanut Butter (great with birch syrup too): https://soulyrested.com/2018/11/03/homemade-maple-peanut-butter-seriously/ Maple marinade: https://soulyrested.com/2019/05/18/maple-steak-marinade/ For show notes, for all episodes go here: https://soulyrested.com/podcast/ To leave a review, go here, click iTunes, and scroll to the bottom (and thank you!): https://soulyrested.com/podcast/ ❤️THANK YOU to today's listener... a shout out goes to jandrfarm. Find my book, Sweet Maple ( https://amzn.to/2QSwz4q ) , here: https://amzn.to/2OiAqWI (on Amazon) or here: https://bookshop.org/a/5810/9781493037773 (that link supports small businesses) Please join me on SoulyRested.com ( https://soulyrested.com/ ) ( https://soulyrested.com/ ) as well as: instagram ( https://www.instagram.com/souly.rested ) ( https://www.instagram.com/souly.rested ) facebook ( https://www.facebook.com/soulyrested/ ) ( https://www.facebook.com/soulyrested/ ) pinterest ( https://www.pinterest.com/soulyrested/ ) ( https://www.pinterest.com/soulyrested/ ) youtube ( https://www.youtube.com/channel/UCOLRbLo4lnwJ2nPiL2xtB8g ) ( https://www.youtube.com/channel/UCOLRbLo4lnwJ2nPiL2xtB8g )

Zillow Offers resumes in five more markets, bringing the total to 20 out of 24 markets Mortgage rates fall to a new all-time low this week (again) Tappable home equity rises to record $6.5 trillion Foreclosure threat grows as COVID-19 surges, Fed says 31% of renters doubt they will be able to pay next month’s rent on time Home prices in Florida and Arizona expected to drop due to COVID-19 “perfect storm”

Dit is aflevering 12, een bijzondere aflevering! Niet alleen is het ongeveer een jaar geleden dat Mijke met deze podcast begon – en is ze daarmee op de helft, ze neemt deze podcast live op, bij het Media van Morgen congres (4 december 2019). Er schuiven drie gasten aan die allemaal bezig zijn met innovatie in de journalistiek; Julie Posetti van het Reuters Institute for the Study of Journalism aan de Universiteit van Oxford, Xander van Uffelen – coördinator alternatieve onderzoeksmethoden van de Volkskrant, en Hans Pauwels, oprichter en CEO van Tappable. Onderwerp: de rol van het publiek in journalistieke innovatie.

Are Snapchat Spectacles Worth It? - Nike Adventure Club + More! | Stories of Mobile Madness ⚡️ Get Early Access to Tappable: https://tappable.co/ Welcome to episode 12 of Stories of Mobile Madness. Stories of Mobile Madness is a show all about what is happening on mobile that influences media and marketing. In today's episode, we will be talking about Snapchat spectacles and whether or not paying attention to them is finally worth it, the real reason behind Condé Nast going digital with their Glamour brand, and Nike using disruptive business models to create long-term brand engagement. Are Snapchat Spectacles Worth It: Despite previous failures, Snapchat is attempting to revive Snapchat Spectacles again with the release of a new Spectacles model, Spectacles 3. The new Snapchat Spectacles 3 will be significantly cooler to wear, as they are made of lightweight stainless steel, and the dual lenses present on the Spectacles are promising a game-changing depth of perception. However, even with these changes, the question remains: Are Snapchat Spectacles worth it? There was a lot of hype for the first Snapchat Spectacles, but they simply could not deliver on the hype, or at all. That's right, they physically couldn't be delivered, which led to a $14 million write-off. This has led to much speculation about whether Snapchat will be able to avoid another disaster this time around with the Spectacles 3. If consumers feel like recording video with a pair of glasses would be a welcome addition, then the future might look bright for the Spectacles, as with virtual reality becoming more popular, more people might be looking for a pair of glasses capable of giving them the full VR experience. Condé Nast's Glamour Magazine Stories Strategy: Condé Nast decided to stop the monthly print edition of Glamour Magazine at the end of 2017, even though they had a healthy growth of 7% over the course of the year. Why was this decision made? Well, Condé Nast decided to adopt a digital-first approach to safeguard the future of the brand. Due to the fact that the Glamour audience spends most of their time looking at screens nowadays and not print magazines, the move to digital was a move that was bound to happen sooner rather than later. By jumping into the online world, Glamour was able to become a large authority in the growing beauty industry online. So, how has Glamour been able to excel online thus far? Well, advertisers that work with them have large budgets, and affiliate partners are able to bring in large sums of money for the company. Also, they have been able to utilize Instagram and Instagram stories in particular as a fantastic traffic source, which is no surprise due to the size of the beauty audience on Instagram. Overall, the move to the online world has worked very well for Condé Nast and Glamour Magazine, and it will continue to be successful in the future. Nike Adventure Club: Established brands are increasingly adopting strategies used by startups to challenge and disrupt corporates. One of these strategies is the subscriptions business model, and now even Nike is launching into the subscriptions business to build closer relationships with their customers. Nike's subscriptions service is called Nike Adventure Club. Kids between 2 and 10 years of age receive a new pair of sneakers every month, every 2 months, or every quarter, depending on the chosen plan. The plans range in cost from $20 a month to $50 a month, and customers have about 100 different shoe models to choose from. Thank you for watching today's episode of Stories of Mobile Madness. Want more? Here are our sources: http://tappable.to/Snap http://tappable.to/snapchat http://tappable.to/Glamour http://tappable.to/Nike

Fortnite World Cup Earnings - Amazon Sponsored Brands + More! | Stories of Mobile Madness Get Early Access to Tappable. Welcome to episode 11 of Stories of Mobile Madness. Stories of Mobile Madness is a show all about what is happening on mobile that influences media and marketing. In today's episode, we will be talking about the latest figures about online retail, the massive growth of e-commerce advertising spend, and how brands are starting to make use of eSports for their marketing purposes. Click Here to Subscribe to Our YouTube Channel: Fortnite World Cup: What game are we talking about that has 250 million players, offers $30 million of prize money for the world cup, and has 40 million players participating in the qualifiers for the world cup? It's Fortnite. eSports is definitely on the map, and when something is on the map at such a scale, brands are never far behind. However, Epic Games, who is the company behind Fortnite, seems to be reluctant to open the advertising floodgates at the moment, and why should they? According to TechCrunch, it is estimated that Epic Games has made $3 billion in profit in 2018. The marketing opportunities at this moment do not lie with the game itself, but rather, with the players. With huge streamers such as Ninja, who just recently switched from live streaming on Twitch to live streaming on Mixer, and organizations such as FaZe Clan, there are plenty of sponsorship deals and merchandise sales that are happening- just like with any other sport. Amazon Advertising Sponsored Brands: The growth of e-commerce is not accidental, it is a carefully planned strategy that is funded with heaps of money. Speaking of heaps of money, heaps of money were also spent on e-commerce during the 2nd quarter of 2019. In fact, advertisement spend on e-commerce was up a massive 40% year on year. Amazon sponsored brands dominated the growth in spending, as it allows brands to promote multiple products and drive customers directly to product detail pages. Sponsored brands now show a 13% quarter-to-quarter growth in impressions and sales. The other big winner was Instagram, who pocketed 19% of the total ad-spend in the 2nd quarter, with 45% of this revenue generated from story ads alone. A year ago, this was still pretty close to 0. Online Grocery Shopping: A recent article from eConsultancy put the most up-to-date statistics together. There were many interesting figures that were collected. In the USA, online retail in 2019 has grown to 16% of all retail sales. Along with this, smartphones are the device of choice for online buyers. Also, more than half of e-commerce websites were accessed from smartphones, and 1/3 of online sales were concluded from a mobile device. Europe is still lagging behind, but in the USA online grocery shopping and sales have really taken off. Online food sales grew 9 times faster than traditional food sales. However, online grocery shopping is still only covering around 3% of the grocery market, so there is still a lot of catching up to do. Thank you for listening today's episode of Stories of Mobile Madness. Feel free to comment your thoughts about today's episode below, and also feel free to subscribe to our YouTube channel for more videos like you just watched. #tappable #fortnite #amazon

Jake and Michael discuss all the latest Laravel releases, tutorials, and happenings in the community.

Many homeowners are tapping into their home’s equity. Here’s why.   Do you notice that pile of cash you’re sitting on right now? I’m not joking. 42 million homeowners with mortgages have equity in their homes right now. When added up, tappable home equity recently reached $5.5 trillion. That’s about $3 trillion more than when the housing market bottomed out in 2012. “Tappable equity” here is defined as the amount a homeowner could borrow before they hit 80% of debt to value. Not surprisingly, many homeowners are looking to tap into these hidden reserves. As just one sign of this, mortgage applications are up 4.1% this January over last year. That’s mostly been driven by mortgage refinances, as homeowners are looking to take advantage of low (but increasing) rates to take out some of that equity as cash. Another option to a mortgage refinance is a home equity line of credit (HELOC), a kind of checking account on your home. While HELOCs have been growing in popularity, they’ve hit a slight snag recently because the new tax bill eliminates the deductions for interest paid on such lines of credit. “Many homeowners are tapping into their equity now.” What are homeowners who tap into their equity actually doing with the extra cash? Most people are spending it on making their homes even more valuable. According to one survey, 80% of borrowers would consider using that cash to renovate their home. However, other homeowners are using their home equity to cover education expenses, to pay down other debt, or investing in stocks, real estate, or cryptocurrencies. So should you tap into your home equity? I can’t say either yes or no. It’s something you’ll have to decide on your own. However, if you have any questions or would like us to take a look at your specific situation to see what your best move is, we would be glad to help. Don’t hesitate to give me a call or send me an email any time.

Do you notice that pile of cash you’re sitting on right now? I’m not joking. 42 million homeowners with mortgages have equity in their home right now. When added up, tappable home equity recently reached $5.5 trillion. That’s about $3 trillion more than when the housing market bottomed out in 2012. “Tappable equity” here is defined as the amount a homeowner could borrow before they hit 80% of debt to value. Not surprisingly, many homeowners are looking to tap into these hidden reserves. As just one sign of this, mortgage applications are up 4.1% this January over last year. That’s mostly been driven by mortgage refinances, as homeowners are looking to take advantage of low (but increasing) rates to take out some of that equity as cash. Another option to a mortgage refinance is a home equity line of credit (HELOC), a kind of checking account on your home. While HELOCs have been growing in popularity, they’ve hit a slight snag recently because the new tax bill eliminates the deductions for interest paid on such lines of credit. “Many homeowners are tapping into their equity now.” What are homeowners who tap into their equity actually doing with the extra cash? Most people are spending it on making their homes even more valuable. According to one survey, 80% of borrowers would consider using that cash to renovate their home. However, other homeowners are using their home equity to cover education expenses, to pay down other debt, or simply for investing, whether in stocks, real estate, or even cryptocurrencies. So should you tap into your home equity? I can’t say either yes or no. It’s something you’ll have to decide on your own. However, if you have any questions or would like us to take a look at your specific situation to see what your best move is, we would be glad to help. Don’t hesitate to give me a call or send me an email any time. I look forward to hearing from you!

Many homeowners are tapping into their home’s equity. Here’s why. Buying a home? Click here to perform a full home searchSelling a home? Click here for a FREE Home Price Evaluation Do you notice that pile of cash you're sitting on right now? I'm not joking. 42 million homeowners with mortgages have equity in their home right now.When added up, tappable home equity recently reached $5.5 trillion. That's about $3 trillion more than when the housing market bottomed out in 2012. "Tappable equity" is defined here as the amount a homeowner could borrow before they hit 80% of debt to value.Not surprisingly, many homeowners are looking to tap into these hidden reserves. As just one sign of this, mortgage applications are up 4.1% this January over last year. That's mostly been driven by mortgage refinances, as homeowners are looking to take advantage of low (but increasing) rates to take out some of that equity as cash.Another option to a mortgage refinance is a home equity line of credit (HELOC), a kind of checking account on your home. While HELOCs have been growing in popularity, they've hit a slight snag recently because the new tax bill eliminates the deductions for interest paid on such lines of credit. “Many homeowners are tapping into their equity now. ”What are homeowners who tap into their equity actually doing with the extra cash? Most people are spending it on making their homes even more valuable. According to one survey, 80% of borrowers would consider using that cash to renovate their home. However, other homeowners are using their home equity to cover education expenses, to pay down other debt, or simply for investing, whether in stocks, real estate, or even cryptocurrencies.So should you tap into your home equity?I can't say either yes or no. It’s something you’ll have to decide on your own. However, if you have any questions or would like us to take a look at your specific situation to see what your best move is, we would be glad to help. Don’t hesitate to give me a call or send me an email any time.

Many homeowners are tapping into their home’s equity. Here’s why.Do you notice that pile of cash you're sitting on right now? I'm not joking. 42 million homeowners with mortgages have equity in their home right now.When added up, tappable home equity recently reached $5.5 trillion. That's about $3 trillion more than when the housing market bottomed out in 2012. "Tappable equity" here is defined as the amount a homeowner could borrow before they hit 80% of debt to value.Not surprisingly, many homeowners are looking to tap into these hidden reserves. As just one sign of this, mortgage applications are up 4.1% this January over last year. That's mostly been driven by mortgage refinances, as homeowners are looking to take advantage of low (but increasing) rates to take out some of that equity as cash.Another option to a mortgage refinance is a home equity line of credit (HELOC), a kind of checking account on your home. While HELOCs have been growing in popularity, they've hit a slight snag recently because the new tax bill eliminates the deductions for interest paid on such lines of credit. Many homeowners are tapping into their equity now. What are homeowners who tap into their equity actually doing with the extra cash? Most people are spending it on making their homes even more valuable. According to one survey, 80% of borrowers would consider using that cash to renovate their home. However, other homeowners are using their home equity to cover education expenses, to pay down other debt, or simply for investing, whether in stocks, real estate, or even cryptocurrencies.So should you tap into your home equity?I can't say either yes or no. It’s something you’ll have to decide on your own. However, if you have any questions or would like us to take a look at your specific situation to see what your best move is, we would be glad to help. Don’t hesitate to give me a call or send me an email any time.