Personal Loan vs. Home Equity Loan: How to Choose the Right One for Your Financing Needs
Time Magazine· 3 days agoPersonal loans and home equity loans are two of the most popular financing options on the market....
Is a Home Equity Loan a Good Idea?
Investopedia· 3 days agoHome equity hit a record high of $9.9 trillion at the end of 2021. If you’re one of the many Americans who are currently sitting on an ocean of untapped...
Guide to Home Equity Tax Deductions
Investopedia· 11 hours agoPrior to the Tax Cuts and Jobs Act (TCJA) of 2017, homeowners could claim a plethora of extra tax deductions. To qualify for a tax deduction for your ...
The latest HELOC rates, and whether a home equity line of credit is right for you
Market Watch· 5 days agoContinuing their upward trend, HELOC rates rose again this week to 4.74% from 4.71% for a 10-year ...
Inheriting a House With a Home Equity Loan
Investopedia· 6 days agoWhile protections are in place for people who inherit a house with a mortgage, allowing them to assume mortgage payments under the original loan terms,...
Are Home Equity Loans Affordable?
Investopedia· 3 days agoAre home equity loans affordable? Simply put, a home equity loan is a lump sum loan< ...
Can You Borrow More on a Home Equity Loan if Your Home’s Value Rises?
Investopedia· 3 days agoIf your home’s value continues to climb, does the amount you can borrow on a home equity loan...
Why cash-out refinance can still be a good idea
Colorado Springs Gazette· 54 minutes agoEconomic uncertainty abounds right now as inflation surges and the interest rates on all kinds of financial products rise. Here’s why a cash-out refi can still make sense, even in this economy ...
What Is Home Equity?
Consumer Affairs· 2 days agoYour equity is your home’s current value minus your outstanding mortgage balance. You build equity as you make mortgage payments. You ...
Should You Use a Home Equity Loan for Retirement Savings and Investing?
Investopedia· 3 days agoAccording to data from the Retirement Industry Trust Association (RITA), one-third of American...