Equity

January 16, 2018

Expert Insights: What Is a Bridge Loan?

It is a short-term bank loan of the equity in the home you are selling. You may take out a bridge loan, or interim financing, to […]
January 22, 2018

Buying a Car When You Have an Upside-Down Loan

Owing more on a car loan than the car is worth—called being “upside down” on a loan—can make buying a new vehicle difficult. The negative equity […]
June 4, 2021

Should I Move or Refinance?

The level of equity homeowners have is at an all-time high. According to the U.S. Census, over 38% of owner-occupied homes are owned free and clear, meaning they don’t have a mortgage. Those with a mortgage are seeing their equity skyrocket too. Every time real estate values increase, homeowners get a dollar-for-dollar gain in their home equity.