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Cash-out refinance: What it is and how it works
Bankrate via Yahoo Finance· 6 days agoCollege education: Tapping into home equity to...a lump-sum payment just after closing. Like a HELOC, it’s a second mortgage secured by your home.Unlike...
HUD walks back some proposed changes to HECM for Purchase program - HousingWire
HousingWire· 2 days agoThe U.S. Department of Housing and Urban Development (HUD) on Friday announced that a proposed change to the Home Equity Conversion Mortgage (HECM) for Purchase (H4P) program ...
My Husband’s Inheritance Could Change Our Family’s Life. But He Won’t Even Consider Using It.
Slate via Yahoo News· 2 days agoMy friend and I stepped out for a bit, so I only saw this at the tail end of the day, but even my...
3 moves seniors should consider with inflation still high
CBS News· 5 days agoThis is particularly true for seniors, many of whom may be heavily reliant upon Social Security and...
Unexpected Ways Inflation Is Affecting the Housing Market
MediaFeed via AOL· 4 days agoYou might be able to lock in a low mortgage rate Many home buyers may not know that once your ...
Why Keeping Your 401(k) After Retiring Could Be a Smart Savings Decision
The State· 2 days agoStaying in a well-managed employer plan can be especially advantageous for retirees with less savings and less financial experience. New retirees face a lot of big decisions that can help or ...
I'm 73 & still have $180,000 mortgage - I'm retiring in debt but have no regrets
The US Sun· 4 days agoA HOMEOWNER said he has been stuck with $180,000 left to pay on his mortgage despite his older age....
Get the lowest HELOC rates available in April 2024
CNN.com· 5 days agoIf you’re among homeowners looking to tap home equity, you may be closely watching home equity line of credit (HELOC) rates (and mortgage refinancing...
Elon Musk critiques potential ban of TikTok in the U.S.
Detroit Free Press via Yahoo Finance· 1 day agoThe 30-year Treasury note yield rose to 4.78%, prompting mortgage rates to increase to 7.24%. Experts warn the growing federal deficit could destabilize financial markets.
I paid off my mortgage before retiring - but now I'm trapped in my home
The US Sun· 6 days agoThe couple, both of whom are 71, paid off their mortgage before retiring so the home equity would...