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With property values strong in 2023, many homeowners tapped home equity lines of credit, pushing...
Stacker via AOL· 1 week agoIn addition, according to Experian data, many homeowners (about half) have a home equity line of ...
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,...
How to tap into home equity on a paid-off house
CBS News· 2 weeks 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...
What is Home Equity?
Bankrate via Yahoo Finance· 3 days 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...
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...
‘Aging in Place, or Stuck in Place?’
New York Times· 7 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· 4 days agoSusan Apel and Keith Irwin bought a spacious four-bedroom home on two acres of land in Lebanon, New...
Cash-out refinance: What it is and how it works
Bankrate via Yahoo Finance· 4 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...