You need money and you have it in the equity of your home. How do you get the equity out? Should you use a home equity line of credit as most people do? Did you know this is not the only option? There are other options available to you including the cash-out refinance and home equity loan. These Read more
Here’s What you Need to Know Before you Refinance Your Home
You hear that everyone is refinancing, so you think you should jump on the bandwagon. Rates are low right now, so why not, right? While it might seem like a good idea, there are some things you should consider before you jump in headfirst.Compare Offers from Several Mortgage Lenders. It Will Read more
Must ‘Knows’ Before Refinancing Your Existing Mortgage
Refinancing seems to make sense in any situation. Who wouldn’t want to get a lower payment, right? While it sounds good in a perfect world, there are certain times when it doesn’t make sense to do so. We’ll show you how to figure out your break-even point and learn what refinancing does to your Read more
Should You Use Home Equity to Pay Off Debts?
If you are tired of getting nowhere with your high-interest credit card debt, you may have thought about tapping into your home’s equity. You have the room, so why not put that home equity to good use, right? Then you can finally get yourself out of debt.Looking for Current Mortgage Interest Read more
Senior Homeowners Gain $121 Billion in Home Equity in Q3 2017
As 2017 is drawing to a close, homeowners aged 62 and above may be able to draw more from their home equity. They were $121 billion in home equity richer during the third quarter of 2017 per Reverse Mortgage Market Index (RMMI) by the National Reverse Mortgage Lenders Association and Read more
