cash out: Debt & Equity - 05/11/22 09:49 AM
Debt & Equity
 
Consumer debt is UP!  Way up.  In part, this is due to the financing of things normally financed (cars, homes) becoming more expensive with home prices skyrocketing over the past 2 years and cars becoming more expensive due to supply chain issues..  But credit card debt has risen as well, and home equity line of credit (HELOC) applications have increased in 2022.  
 
Unemployment is low, and wages are up, so the news isn't all bad, and defaults on debt are fairly low as well, meaning Americans are shouldering that debt OK for now, but the tide is turning.  With the … (2 comments)

cash out: Recently Closed - Cash-Out Refinance in Downingtown, PA - 10/09/18 08:48 PM
Recently Closed - Cash Out Refinance in Downingtown, PA
 
 
     Have you heard the latest news on consumer debt?  Well, the gist is that it's high.  Really high.  Like, higher than it's been since before the 'Great Recession'.  While mortgage debt and student loan debt are leading the way due primarily to the large loan balances usually associated with these types of debt, another class of debt has achieved all time highs, too.  'Revolving' debt, or it's more common name, credit card debt.
 
 
     Recently, a past client and friend reached out with some bad news - due to some medical … (1 comments)

 
John Meussner, #MortgageMadeEasy Fair Oaks, CA 484-680-4852 (Mortgages in AZ, CA, CO, DE, FL, GA, IN, MD, MN, MT, NC, NJ, NV, OK, OR, PA, SC, SD, TN, TX, UT, VA, WI)

John Meussner

#MortgageMadeEasy Fair Oaks, CA 484-680-4852

Fair Oaks, CA

More about me…

Mortgages in AZ, CA, CO, DE, FL, GA, IN, MD, MN, MT, NC, NJ, NV, OK, OR, PA, SC, SD, TN, TX, UT, VA, WI

Address: 23441 S Pointe Dr, Ste 110, Laguna Hills, CA, 92653

Office: (949) 247-7530

Mobile: (484) 680-4852



Listings

Links

Archives

RSS 2.0 Feed for this blog