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If you're thinking about tapping your home's equity, make sure you understand what could happen with rates soon.
When rates fell to around 6.7% (the lowest level in months) in early July, applications for home loans promptly ticked up, ...
Potential homebuyers may be able to save money with a little-known financing option, but they still need to watch their ...
With June's inflation reading coming in hotter than the month prior, the Fed is under renewed pressure to maintain its ...
Homeowners in the United States are sitting on $35 trillion in home equity. This could be a massive opportunity for companies ...
Freddie Mac’s rate for a 30-year fixed rate mortgage inched higher, averaging 6.75% for the week ending July 17.
If nothing else, home equity contracts are expensive, even compared to other home-secured finance options. They may require ...
The cheapest fixed rate mortgages have edged lower once again thanks to another wave of rate cuts by lenders this week.
Homeowners can never borrow the full amount of their equity — they must leave around 20% of it in the home. The size of homeowner’s outstanding mortgage, the home’s current value, and the homeowner’s ...
Instead of dealing with a high monthly payment on a 15-year mortgage, homeowners could make extra payments on a 30-year, ...
Equity release among British homeowners rose by 32 per cent between the first quarter of 2024 and the same period in 2025, according to a recent report.
What does it take to feel wealthy in 2025? A new survey breaks it down by generation—from Gen Z to boomers—and finds surprising thresholds.