Certain parts of the country have seen higher home equity than others since 2020, according to a new study from Bankrate, New York.
Tag: Bankrate
Bankrate: Hottest Housing Markets Shifting
Bankrate, New York, found that housing markets that were very hot just a few years ago are now cooling off. Momentum has shifted toward Rust Belt and New England metros, from the pandemic-era Sun Belt popularity.
Hidden Costs of Homeownership Average $21,400 Annually, Bankrate Reports
The average hidden costs associated with homeownership for a single-family home in the United States total $21,400 annually, a new study from Bankrate found.
Nearly Half of Homeowners Have Some Regret About Purchasing Their Home
Nearly half of current homeowners–45%–report having at least one regret about the purchase of their current home, according to a new survey from Bankrate, New York.
Nearly Half of Homeowners Have Some Regret About Purchasing Their Home
Nearly half of current homeowners–45%–report having at least one regret about the purchase of their current home, according to a new survey from Bankrate, New York.
Bankrate Reports Renting Increasingly Cheaper Than Buying in Most Metros
Renting remains cheaper than buying a home in all 50 of the largest U.S. metros, with the difference between the two growing in 38 metros since last year, according to Bankrate, New York.
82% Consider Homeownership Part of the American Dream, Bankrate Finds
More than eight in 10 Americans consider homeownership to be part of the American Dream, up from 78% last year and 74% in 2023, according to Bankrate, New York.
Income Over $100,000 Needed to Afford Typical Home, Bankrate Finds
Bankrate, New York, released its 2025 Housing Affordability Study, finding that prospective homebuyers need an annual income of $116,986 to afford the typical U.S. home.
Home Improvements Top Reason to Tap Home Equity, Bankrate Reports
More than half of current homeowners (55%) see home improvements or repairs as a good reason to access built-up home equity, according to Bankrate, New York.
Bankrate: Mortgage Lock-In Effect Unlikely to Ease Soon
Nearly half of current homeowners say mortgage rates need to be below 5% for them to be comfortable purchasing a new home, while 38% say they need rates to be below 4%, according to Bankrate, Charlotte, N.C.