Many owners are considering tapping their condo's equity as costs rise, but the borrowing rules may surprise you.
A s 2025 comes to a close, homeowners are holding a substantial amount of equity. The latest ICE Mortgage Monitor report ...
Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.
The reasons some homeowners would consider alternative financing offered by these companies is that homeowners might have low ...
Home equity products enable homeowners to unlock the value of their homes through a variety of financing contracts. Each product has distinct features, benefits, and risks. In this post, we compare ...
For many retirees, the home they’ve lived in for decades isn’t just a place to live. It’s the single largest asset in their financial portfolio. According to the U.S. Census Bureau (PDF), households ...
Home equity bonds are on the rise as Wall Street is attempting to cash in on the boom of homeowners opening HELOCs. Like Realtor.com® economist Jiayi Xu notes, “the ongoing uncertainty around ...
For many homeowners, the family home represents far more than a place to live. It's often the single largest store of wealth on their balance sheets. Yet, when it comes to planning for retirement, ...
A reverse mortgage is designed for homeowners 62 or older that allows them to convert part of the equity in their home into cash. On its face, a reverse mortgage may sound like a ...
HELOC rates are the most affordable they’ve been in months. The average rate on a $30,000 home equity line of credit (HELOC) fell to 8.13 percent, while the $30,000 home equity loan held steady at ...
You don't need extra money to build home equity faster — just smarter strategies. These moves can help you own your home ...
West Virginia saw the largest gains in home equity over the past five years, according to a new Bankrate study. Bankrate observed home equity data from 2020 to 2025. The state that saw the lowest ...
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