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HELOC vs. home equity loan: Tapping your equity when rates are high
Yahoo Personal Finance· 5 months agoYour home builds value, or equity, from a combination of paying down your mortgage and rising real...
Can Refinancing a Reverse Mortgage Save My Money?
SmartAsset via AOL· 1 year agoWhen you need an additional stream of income for retirement, a reverse mortgage is one option you might consider. A reverse mortgage allows you to tap...
Five Tips to Save Money When Applying for a Mortgage
Mortgage Research via Yahoo Finance· 2 years agoA home is likely the most expensive item you’ll ever buy, and if you use a mortgage it’s probably the biggest financing contract you’ll ever sign. A...
What is a prepayment penalty?
Bankrate via AOL· 4 months agoKey takeaways A prepayment penalty is a fee designed to discourage borrowers from paying off a loan ahead of time. Refinancing your mortgage or selling...
Reverse Mortgage vs. HELOC vs. Home Equity Loan: Which Is Cheapest?
SmartAsset via Yahoo Finance· 4 months agoIn basic terms, home equity is the percentage of your home's overall value that you personally own....
Types of mortgage refinance: How to choose
Bankrate via AOL· 2 months agoKey takeaways There are several types of mortgage refinance options, including rate-and-term and cash-out refinancing. The most common, rate-and-term,...
This Strategy Could Lower Your Mortgage Payments
SmartAsset via Yahoo Finance· 2 years agoMortgage points are fees you pay to help reduce the cost of buying a home. When you agree to pay points your lender can reduce your mortgage interest...
What Is an Upfront Mortgage Insurance Premium?
SmartAsset via AOL· 1 year agoWhen buying a home or refinancing an existing mortgage, if you don't have a large enough down payment, you may have to purchase mortgage insurance. Some...
How to get a low-cost mortgage refinance
Bankrate via AOL· 1 month agoKey takeaways Refinancing your mortgage includes expenses just like your original mortgage did, including closing costs. Opting for a no-closing-cost...
How to get a mortgage preapproval
Yahoo Personal Finance· 2 weeks agoThere are many steps to getting or refinancing a mortgage — and preapproval just might be the most important. With a mortgage preapproval, a lender looks...