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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 < ...
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· 4 days agoThe New York Times profiled challenges faced by baby-boomer homeowners, questions whether ‘aging in...
When to use home equity for spring repairs (and when not to), according to experts
CBS News· 4 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· 6 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...
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...