Reports before Davos suggested that President Trump would announce an initiative to spur homeownership by allowing individuals to withdraw funds from their 401(k) accounts to make a down payment on a home... Read more »
“Financially, the American dream should not be homeownership, but should be financial independence,” Robert Johnson, CEO of Economic Index Associates and a professor at Creighton University, said in the report. “People fall... Read more »
Older Americans are forced to navigate a series of serious financial challenges compounded by their needs for both housing and later life care. While home equity can certainly be a beneficial tool... Read more »
Rising home prices have pushed the third quarter’s tappable home equity amount near its 2022 peak, but interest rates are making homeowners reluctant to extract that wealth. Mortgage holders withdrew a mere... Read more »