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Mortgage rates today, May 1, 2024: Fed decision will keep rates high
Yahoo Personal Finance· 22 hours agoThese are today's mortgage rates. Rates will likely stay high after the Fed meeting, but it could...
What the Fed’s continued rate pause means for homebuyers and sellers
Bankrate via Yahoo Finance· 12 hours agoNew adjustable mortgage products are structured to change every six months rather than every 12...
‘I racked up $45,000 in credit-card debt doing home repairs’: Should I refinance my $1.5 million...
MarketWatch via Yahoo Finance· 6 days agoYour ability to take out a home-equity line of credit will depend on your mortgage balance, your...
The HELOC dam is opening. Are you ready? - HousingWire
HousingWire· 3 days agoU.S. homeowners today are armed with a record amount of home equity nearly $32 trillion, according...
What are cash-out refinance tax implications?
Bankrate via AOL· 5 days agoNo, the proceeds from your cash-out refinance are not taxable. The money you receive from your cash-out refinance is essentially aloan you are taking out...
Buying before selling
The Post and Courier· 15 hours agoWhatever your reason, you should know that buying first comes with additional risks, such as paying two mortgages, if your current home takes a long time...
5 Reasons To Take Equity Out of a Paid-Off House If You Need Money
AOL· 2 days agoAccording to Colten Claus, an associate broker with 8z Real Estate, HELOCs “are particularly appealing due to their flexibility and relatively low interest rates compared to other types of loans ...
Should you buy a second home?
Bankrate via AOL· 11 hours agoIn fact, it’s not that different from applying for your primary mortgage, though it can be quicker, depending on the financing method you choose. Options...
What to do if you have an underwater mortgage
Yahoo Personal Finance· 6 days agohome equity loan or home equity line of credit (HELOC) anytime soon. These second ...
Consumers Don't Understand Home Equity Benefits
National Mortgage Professional· 2 days agoFintech provider, FirstClose, released its findings from a new national consumer survey that measured homeowners' level of awareness of home equity and ...