There are several ways homeowners can secure low home equity borrowing rates, especially now that rates are being cut.
Most lenders require a certain amount of equity to qualify for a reverse mortgage, but the exact amount can vary.
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.
You may be able to use a home equity loan to secure a loan to buy — and potentially improve — a plot of land. A home equity loan might offer better terms and interest rates than other financing ...
Sharon Wu, a senior writer with over a decade of experience, specializes in consumer-focused content covering home and finance topics such as insurance, investments, credit, debt, mortgages and home ...
Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home ...
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 ...