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Reverse mortgage payouts have fallen, but borrowers may still find value: AARP
HousingWire via Yahoo Finance· 2 weeks agoBruce McClary, senior vice president of the National Foundation for Credit Counseling (NFCC) also...
With property values strong in 2023, many homeowners tapped home equity lines of credit, pushing...
Stacker via AOL· 6 days agoIn addition, according to Experian data, many homeowners (about half) have a home equity line of ...
What is Home Equity?
Bankrate via Yahoo Finance· 1 day agoIt also comes with the stability of predictable monthly payments. If you use the funds to remodel your home, the interest might be tax-deductible. Home...
I paid off my mortgage before retiring - but now I'm trapped in my home
The US Sun· 2 days agoSusan Apel and Keith Irwin bought a spacious four-bedroom home on two acres of land in Lebanon, New...
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...
When to use home equity for spring repairs (and when not to), according to experts
CBS News· 2 days agoBorrowing money for home repairs and other projects this spring can be very expensive. For example,...
Some baby boomers are finding homeownership to be less beneficial
HousingWire via Yahoo Finance· 2 days agoThe New York Times profiled challenges faced by baby-boomer homeowners, questions whether ‘aging in...
‘Aging in Place, or Stuck in Place?’
New York Times· 4 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...
Cash-out refinance: What it is and how it works
Bankrate via Yahoo Finance· 2 days agoAlternatives to a cash-out refinance If a cash-out refinance doesn’t work for you, here are some alternatives to consider. The first two also involve...