While inflation continues to impact American households, Point's findings shed light on the financial needs of homeowners today as they battle ongoing economic uncertainty. Point Editorial Team. •. 2 min read. October 13, 2022. Blog Home. Point News.…
While inflation continues to impact American households, these findings shed light on the financial needs of homeowners today as they battle rising interest rates and ongoing economic uncertainty.…
“Economic factors such as high interest rates and rising inflation pushed homeowners to look for a way to make their home’s equity work for them in a new way. We were proud to be able to serve as many of them as we could.…
“Americans are feeling financial stress in various ways right now: credit card debt is at all-time highs, savings rates have dipped, and inflation has dramatically increased the cost of living,” said Eddie Lim, co-founder and CEO of Point.…
Inflation hedge. Historically, property values tend to rise, even during periods of rapid inflation. Hedge against market volatility.…
Interest rates are up, inflation is rising, and companies are cutting costs by laying workers off. Given all Americans are dealing with, it’s no surprise that personal finances are top of mind for them.…
Share on social: Rising interest rates and persistent inflation have made it difficult for many Americans to keep up with their expenses. As of June 1st, interest rates hovered around 7.08%. and. inflation was at 4.93%.…
Total credit card debt. just passed $1 trillion. for the first time, savings rates are. down sharply from pandemic-era peaks. , and. prices across all categories are still at all-time highs. even as inflation slows.…
Real estate is one investment. that tends to outpace inflation over time. Unlike stocks and bonds, it's considered less risky and can provide short- and long-term wealth gain.…
Inflation guard: Especially important if you plan to live in your home long-term, this rider automatically updates your dwelling coverage if your insurer doesn’t do this already.…