Tag: home equity

Home Equity Increases, Homeowners 8% Richer Over the Past Year

'When Should You Use Home Equity To Buy a Second Home?

Are you thinking of purchasing a second home soon? You should consider using home equity.
Home Equity Increases, Homeowners 8% Richer Over the Past Year

'What Happens to Home Equity When You Refinance a Mortgage?

Are you worried about what will happen to your home's equity when you refinance your mortgage? Here's the answer.

'3 Ways to Save Up for Your Retirement Using Your Home Equity

Retirement should be something well-thought-of and planned since the beginning of your career. However, not everyone is able to save up for their retirement at an early age and some may begin to worry that they do not have enough means to sustain their needs after retirement. Can you use your home equity to fund your retirement expenses?
EDITOR'S PICKS
  • 'Corelogic Says 90% of Mortgaged Homes Returned To Positive Equity
    According to a new equity report from CoreLogic using data from Q3 2014, about 273,000 properties returned to positive equity bringing the total to 44.6 million of all homes with a mortgage. That number is 90 percent of all mortgaged homes nationwide.
    By Guenee Abragan
  • 'Home Equity Loan: What It Is And How Do You Pay It Off Quickly
    If you have seen the mortgage industry face a meltdown last 2008, it would be understandable if you look at the idea of home equity with a pinch of skepticism. However, if you have not checked your home's value recently, you may be pleasantly surprised to find out that it may have risen significantly. Many parts of the US have actually seen a rise in home values over the past years, and this brings us to the topic of home equity and how you can tap into it.
    By Staff Reporter
  • 'Mortgage Tips: Do You Lose Home Equity During Refinancing?
    The real estate business can go from simple to complex for one homeowner in just a matter of years. It all starts with a decision to buy a home, then it goes to the mortgage process, and it ultimately lands either in owning the home, or in refinancing. If you are one of the people who ended up deciding to go for a refinancing, this post is for you, especially when you are wondering what happens to your home equity during the refinancing. As you may have realized, one of the major questions some homeowners end up asking is, "When you start to refinance the mortgage, can the equity be saved, or do you lose it during the process?".
    By Staff Reporter
  • 'Mortgage Tips: How To Lower Your Monthly Mortgage When Finances Become Scarce
    The monthly mortgage may be the single largest payment most families spend for. This payment shall be part of your monthly expenses for a very long time, until you have paid your loan in full. Looking at it like that, it is very apparent that the monthly mortgage may suck up a big amount of your income, which can result to an unmanageable financial situation.
    By Staff Reporter
  • 'Reasons Why A Reverse Mortgage Is A Perfect Idea For Retirees
    If you are about to retire, you might wanna consider a reverse mortgage. Reverse mortgage is the type of mortgage that will turn your home equity into cash. Here are some reasons why a reverse mortgage is a good idea:
    By Staff Reporter
  • ' Home Equity is Back After 4-Year Leave
    For the first time in 4 years, homeowners are withdrawing more cash from their home’s equity than they are depositing, Capital Economics reports.
    By Staff Reporter
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