We might earn a commission if you make a purchase through one of the links. The McClatchy Commerce Content team, which is independent from our newsroom, oversees this content. Home equity, or the ...
Splitero reports on equity-sharing agreements as a new way for homeowners to access equity without monthly payments, offering ...
To calculate your home's equity, subtract the balance on all debts secured by your home – including your primary mortgage and any secondary loans – from your property's current appraised value. The ...
Home equity is the portion of a house that the homeowner holds outright — the difference between the house's value and the total amount they owe on the home. As their equity increases, homeowners can ...
Rising home prices, low inventory and high mortgage rates have homeowners choosing to renovate their homes instead of moving. Two popular options for tapping into home equity for renovations include a ...
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How to access your home equity
Three ways to access your home equity are a home equity loan, a home equity line of credit or a cash-out refinance. Tapping these funds can give you access to cash, often at lower rates than personal ...
Your home is likely among your biggest financial assets. And if you’re entering retirement, it may also be more space (and expense) than you need. Many retirees choose to downsize — selling a larger ...
Many retirees have built up significant home equity over the years, but surprisingly, they often overlook it in their retirement planning. With the average home equity for homeowners in the U.S.
A home equity line of credit (HELOC) is a financial tool that allows homeowners to leverage the equity in their home.
Mary Beth Eastman is a contributor to Buy Side and finance expert, specializing in loans, mortgages and insurance. Staff Personal Finance Editor, Buy Side Valerie Morris is a staff editor at Buy Side ...
Spring and summer tend to be the most popular times of year for home renovations thanks to the warm weather and long daylight hours. But if you're planning to renovate your home this spring, the price ...
In this series on portfolio basics, I’ll explain some of the fundamentals of putting together sound portfolios. I’ll start with some of the most widely used types of investments and walk through what ...
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