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Can you get a reverse mortgage if you're younger than 62?
CBS News· 6 days agoIf you're someone who hasn't been able to keep up with bills or who simply wants to take advantage...
Get the lowest HELOC rates available in April 2024
CNN.com· 2 weeks agoIf you’re among homeowners looking to tap home equity, you may be closely watching home equity line of credit ...
What the Fed’s continued rate pause means for homebuyers and sellers
Bankrate via Yahoo Finance· 4 days agoThe central bank raised rates 11 times in 2022 and 2023, with the expectation that it would reverse...
What is Home Equity?
Bankrate via Yahoo Finance· 2 weeks 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 < ...
Cash-out refinance: What it is and how it works
Bankrate via AOL· 2 weeks agoYou can use a cash-out refinance to pay off these debts and pay the loan back with one, lower-cost monthly payment instead. College education: Tapping...
Some baby boomers are finding homeownership to be less beneficial - HousingWire
HousingWire· 2 weeks agoThe article also notes that reverse mortgages are a potentially valuable tool for seniors in the...
When to use home equity for spring repairs (and when not to), according to experts
CBS News· 2 weeks agoBorrowing money for home repairs and other projects this spring can be very expensive. For example,...
What Is An Interest-Only HELOC?
Consumer Affairs· 1 week agoHELOCs provide a maximum line of credit that can be drawn down and repaid repeatedly. During the draw period, HELOCs have interest-only payments based on a variable interest rate. How does an interest-only HELOC work?
Aging in place, or stuck in place? | Honolulu Star-Advertiser
Honolulu Star-Advertiser· 6 days agoWhen it came to housing, Susan Apel and Keith Irwin thought they had planned adroitly for later...
Fed holds rates steady as inflation casts doubt on future cuts
Fox Business via AOL· 4 days agoFederal Reserve policymakers on Wednesday voted to keep interest rates unchanged as inflationary...