The housing market hit several important milestones in 2016, with distressed sales at a nine-year low and home prices at a 10-year high, just barely below the pre-recession peak in 2006.
As of the end of 2015 there were 12.6 million (12,621,274) U.S. properties that were equity rich (at least 50 percent equity), representing 22.5 percent of all properties with a mortgage.
As of the end of 2015 there were 12.6 million (12,621,274) U.S. properties that were equity rich (at least 50 percent equity), representing 22.5 percent of all properties with a mortgage.
While mortgage rates aren’t where they were earlier in the year, they’re not too far removed from the historic low rates that made headlines across the country.
While mortgage rates aren’t where they were earlier in the year, they’re not too far removed from the historic low rates that made headlines across the country.
