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What happens when you pay off your mortgage?
Bankrate via Yahoo Finance· 11 hours agoAfter you pay off your home, you access your home equity in a few different ways. You can sell your home, cashing ...
Sky-high home prices put homeownership beyond most people’s reach. What’s so wrong with renting?
Bankrate via Yahoo Finance· 13 hours agoCons No equity: When you own a place, you accumulate home equity as you pay off the mortgage. That...
Borrowing against your home could soon get easier
Quartz· 12 hours agoIt could soon be easier to borrow against your home after U.S. regulators approved a Freddie Mac pilot program for purchasing second mortgages. After the...
Should retirees use their homes to pay bills?
AOL· 5 days agoIf you’re a homeowner in or nearing retirement, you may be able to use your home equity as a source of funds. The amount of home < ...
Should you use home equity to pay medical bills? Experts weigh in
CBS News· 5 days agoRight now, many Americans are pinching pennies due to elevated inflation and high interest rates....
When Does a Reverse Mortgage Make Sense? A Look at the Pros and Cons
US News & World Report· 5 days agoReverse mortgages can be good for aging in place and supplementing retirement income. Reverse mortgages are loans for homeowners age 62 and older with significant home equity. What Is a Reverse Mortgage?
How to refinance when you have a second mortgage
Bankrate via AOL· 6 days agoRefinancing first and second mortgages together requires you to meet certain requirements but it is possible. Refinancing your primary mortgage while...
Should retirees use their homes to pay bills?
Bankrate via Yahoo Finance· 5 days agoWays to tap home equity Tapping into home equity technically means you’re borrowing against the value of your ownership ...
10 alternatives to personal loans and who they’re for
Bankrate via AOL· 5 days agoYou prefer the flexibility of minimum payments. You want to be able to reuse the funds as needed. ...
US Approves Freddie Mac Pilot Program to Buy Second Mortgages
Bloomberg via Yahoo Finance· 15 hours ago(Bloomberg) -- US regulators have authorized a pilot program for housing giant Freddie Mac to buy...