Unlock Technologies

Homeowners have record home equity – nearly $300,000 on average – but is using that equity to pay off debt before the holidays a good idea? Unlock CMO Michael Micheletti tells CBS MoneyWatch that starting the new year without debt is something worth striving for, but making the timing work can be tricky. Read about other strategies that he and other experts suggest for managing debt. #HomeEquity #PayingDebt #HolidaySpending

What a milestone! We’re thrilled to have helped more than 10,000 homeowners access their home equity with our home equity agreement (HEA). We are so grateful to our homeowners for their trust and to our outstanding team for working tirelessly to provide our customers with greater control and flexibility over their finances. Check out our YouTube channel to learn more about our homeowners and why they chose Unlock. https://unlk.li/982iw4 #10,000HappyCustomers #HomeEquity #HEA

Please help us welcome Abe Kahan as Unlock’s Head of New Products & Strategy. Abe is an innovative leader with more than 20 years of mortgage, home lending and fintech industry experience. A startup founder, Abe brings an entrepreneurial mindset to Unlock. We’re excited to have him on the team! #NewHire #TeamUnlock

A HUGE thank you all of our homeowners for sharing their feedback and helping us achieve 1,000 reviews on Trustpilot. Reviews not only help potential homeowners make educated decisions about our home equjity agreement (HEA), but also give us the opportunity to improve our practices. We are always eager to learn about how customers rate their experience working with Unlock.

Thanks to National Association of REALTORS? for a productive #NAR NXT! Our CEO James Riccitelli enjoyed educating real estate professionals about how our home equity agreement (HEA) is helping homeowners invest in real estate without a loan. Didn’t get the chance to connect with us? Reach out to Unlock CMO Michael Micheletti to learn more about what we do. #NARNXT #NEARREACH #HomeEquity #HomeEquityAgreement

We're so excited to hear Unlock CEO Jim Riccitelli speak this morning at #NAR NXT. He'll be joining fellow NAR REACH startups for the session, "Fastest Growing Tech Solutions for Real Estate." If you're here, be sure to visit us at booth #1431 and discover how we're driving innovation in the real estate industry. #NARNXT #NARREACH #HomeEquity #HomeEquityAgreement #HEA

Homeowners have been reluctant to tap the record equity they’re sitting on until recently. In the third quarter, homeowners withdrew $48 billion of home equity – likely incentivized by the Federal Reserve’s interest rate cut in September. Could an interest rate cut later this week drive more activity?

Mortgage rates continue to rise after falling in September, frustrating would-be homebuyers. Those looking for relief in November might be disappointed. Experts aren’t anticipating significant rate declines until 2025, despite expectations for another rate cut by the Federal Reserve next week.

Limited housing stock kept prices high this year. But the pace of increases is expected to slow in 2025. Where do you think home prices are headed?

It’s great to see the financial media paying closer attention to home equity agreements (HEAs). Investopedia recently produced this guide to HEAs, which explains how they work, the pros and cons, how to qualify and which HEA providers to consider, including Unlock.