Search results
Untapped home equity offers financial flexibility
Coeur d'Alene Press· 5 days agoFor established homeowners, their house is likely their greatest asset and, perhaps, their greatest source of financial flexibility.Home equity loans (...
What happens when you pay off your mortgage?
Bankrate via Yahoo Finance· 21 hours agoAfter you pay off your home, you access your home equity in a few different ways. You can sell your home, cashing ...
Should I go into debt to fix up my home? High interest rates put owners in a bind
USA TODAY via Yahoo Finance· 5 days agoA home equity line of credit, or HELOC, typically has a variable rate and acts more like a credit...
Here Are Today's Refinance Rates: June 24, 2024—Rates Inch Down
Forbes· 1 day agoThe rate on a 30-year fixed refinance decreased today. Refinancing rates for a 30-year,...
Should you use a HELOC to pay your kid's college tuition?
Detroit News· 2 days agoA home equity line of credit, or HELOC, is one way to turn that equity into usable funds. Because a HELOC is a second mortgage, your ...
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?
Divorce and your mortgage: Here’s what to know
Bankrate via Yahoo Finance· 21 hours agoHowever, unless that partner’s name is also removed from the title, they can still benefit from the sale and equity in the home. It’s important to not...
U.S. approves Freddie Mac pilot program to buy second mortgages
Crain's Cleveland Business· 21 hours agoFreddie Mac in April proposed backing second mortgages after the steep jump in home-loan rates over the past two years. When rates were lower, a homeowner ...
loanDepot mortgage review 2024
Yahoo Personal Finance· 5 days agoWith over 6,000 employees working to assist more than 27,000...founding in 2010. Despite offering a wide array of mortgage and refinance loans plus home ...
Should retirees use their homes to pay bills?
Bankrate via AOL· 6 days agoWhile they’re similar, there are a few key differences between home equity loans and HELOCs. With a home equity < ...