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Reverse mortgage payouts have fallen, but borrowers may still find value: AARP - HousingWire
HousingWire· 2 weeks agoReverse mortgage industry professionals have spoken for months about the consequences of high...
What is Home Equity?
Bankrate via Yahoo Finance· 2 days agoSource: ICE Mortgage Monitor Report February 2024 Home equity loans: A home equity loan is a second mortgage for a fixed amount at a fixed interest rate...
Mortgage rates are climbing, but it could still make sense to borrow now
CBS News· 2 weeks agoThis unwelcome news then caused mortgage rates to climb in tandem, pushing the average 30-year ...
How to tap into home equity on a paid-off house
CBS News· 1 week agoThis spike in home equity is largely attributed to mortgage rates dropping to sub-3% levels during the COVID-19 pandemic, which increased demand for...
Some baby boomers are finding homeownership to be less beneficial
HousingWire via Yahoo Finance· 3 days agoThe New York Times profiled challenges faced by baby-boomer homeowners, questions whether ‘aging in...
I paid off my mortgage before retiring - but now I'm trapped in my home
The US Sun· 3 days agoThe couple, both of whom are 71, paid off their mortgage before retiring so the home equity would...
When to use home equity for spring repairs (and when not to), according to experts
CBS News· 3 days agoBorrowing money for home repairs and other projects this spring can be very expensive. For example,...
‘Aging in Place, or Stuck in Place?’
New York Times· 5 days agoHomeownership is not the boon to older Americans that it once was. When it came to housing, Susan Apel and Keith Irwin thought they had planned adroitly...