Lower interest rates have sparked a refinancing boom, and plenty of homeowners are leveraging their home equity to borrow at low rates to consolidate high-interest debt, which can save hundreds.
By Tri Nguyen, Communityvoice. Forbes. Tue, 15 Oct 2019 12:15:00 +0000.
When used judiciously, a home equity line of credit, or HELOC, can be a tool to help retirees control their taxes and can serve as a potential backstop when unexpected expenses hit.
Kiplinger. Tue, 08 Oct 2019 08:54:09 -0400.
HSH.com, a long-time mortgage industry resource, has launched a new tool called KnowEquity Tracker and Projector for homeowners to manage home equity as an active financial asset.
Craig C. Rowe. Inman. Thu, 21 Feb 2019 18:27:41 +0000.
How U.S. schools calculate financial aid is so confusing that there is an entire industry devoted to unlocking its secrets with books, consultants and websites.
Reuters. Thu, 10 Jan 2019 10:58:09 -0500.
The U.S. housing market was valued at $31.8 trillion in 2017. However, allowing homeowners to unlock some of the value of their home equity assets has been an arduous task with now many proclaiming it to be an antiquated system. ...
By Bruce Rogers, Contributor. Forbes. Mon, 7 Jan 2019 14:39:00 -0500.
American home equity has recently recovered, but much of this household wealth is more likely to be held by older, high-credit-score borrowers less exposed to financial shocks.
Wall Street Journal. Thu, 17 May 2018 18:02:55 EDT.
A second mortgage, in the form of a home equity loan or home equity line of credit, may enable you to use your real estate equity for various purposes, including home improvement, college tuition, and debt consolidation.
With today's economy, many people have taken out or are currently contemplating taking out a second mortgage. Visitors can learn the differences between a home equity loan and a home equity line of credit.
A reverse mortgage is a special home loan that converts home equity into cash. Learn about when this type of mortgage is appropriate on this informative website.