Unlocking the Power of Home Equity
Home equity can be a valuable tool for homeowners to use. Let’s explore what home equity is and how you can use it to improve your financial situation.
Home equity can be a valuable tool for homeowners to use. Let’s explore what home equity is and how you can use it to improve your financial situation.
It’s that time of year again! If you’ve opted to receive 1098 and 1099 statements electronically, your 2023 year-end statement can be accessed via the Documents section of your account in late January. If you’ve enrolled in paperless delivery, you will be notified via email once it’s available. If you have not elected to receive your statements electronically, your statements will be mailed no later than January 31, 2024.
With a combination of inflation, rising home prices, higher mortgage rates compared to recent years, and a short supply of housing, 2023 was tough on the housing market. In addition to rising costs, wages didn’t increase nearly as fast as homebuying costs, with the average American spending 41.4 percent of their annual income on an average-priced home according to Redfin.
Distinguished Veteran guests took center stage as the Carrington Charitable Foundation (CCF) held its 11th CCF Golf Classic benefitting CCF’s Signature Programs that support post 9/11 combat wounded American Veterans on October 9, 2023, at The Resort at Pelican Hill in Newport Coast, Calif. The event raised more than $1.9 million for its initiatives that enable Mobility, Stability, Purpose and Prosperity for U.S. servicemen and women returning from post-9/11 battlefields. CCF is the nonprofit organization of The Carrington Companies. More than 250 golfers participated and the event culminated in a dinner and auction attended by more than 450 people.
Here at Carrington, we want to set you up for success on your homeownership journey. From home equity tools to AutoPay, here are some resources to help you streamline your homeownership needs:
As the festive season rolls in, it's time to get your home in tip-top shape for gatherings, celebrations and time with family. With a few simple precautions, you can ensure a safe and cozy holiday season. Let's dive into some easy tips for holiday home safety and preparation.
We know that buying or selling a home can be one of life’s biggest decisions. Without the right plan and team, you might feel like you don’t know where to begin, or you don’t know what happens next. There are a few easy ways to streamline and simplify the buying and selling process. Let’s dive into these top tips for success!
This October is Privacy Protection Month at Carrington Mortgage Services, LLC (“Carrington”), and we want to help you keep your information safe. Here are three simple ways you can help ensure your privacy is protected.
Fall and winter are just around the corner, and that means it's time to start thinking about getting your home ready for the colder months. With Halloween approaching you might think ghosts and witches are the spookiest visitors around, but higher energy bills and home maintenance issues in the fall and winter can be plenty spooky too! Don't worry, we've got you covered with seven tips to keep your home cozy and comfortable this season.
Property taxes play a significant role in your escrow account balance, and in turn, impact your monthly mortgage payments. Along with increases in home insurance rates, homeowners face property tax increases that can impact their escrow accounts and finances. As local tax rates and property assessments fluctuate, your property tax liability can increase over time. However, there are strategies you can employ to minimize these increases and preserve your financial stability. By taking advantage of available exemptions, budgeting and planning, homeowners can look to maximize their savings and create a more affordable homeownership experience.