Equity

January 22, 2018
Brand New Cars in Stock

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 […]
May 6, 2020

Why Home Equity Is a Bright Spark in the Housing Market

Given how we have seen more unemployment claims than ever before over the past several weeks, fear is spreading widely. Some good news, however, shows that more than 4 million initial unemployment filers have likely already found a new job,
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.