Por: CBS News Business May 25, 2023
Interest rates may be high, but you can still take steps to lower your home equity loan rate. /Getty Images Interest rates have been high for some time now, making it costlier to borrow money if you need it. Credit card interest rates currently average around 20%, and personal loan rates can reach as high as 36%, depending on your credit score and other factors. The good news is that if you're a homeowner who's built enough , you can... + full article
CBS News USA Business May 23, 2023
Check whether you prequalify and then compare lenders to secure the best home equity rate. Getty Images Despite rising interest rates, are continuing to tap into their home's equity for extra cash in the form of or . There are a few reasons why borrowing from your home... + más
How to use home equity to make home repairs | CBS News
Should you get a home equity loan now? | CBS News
CBS News USA Business March 29, 2023
Due to its potential tax deduction, it may be smart to use home equity to finance a home repair. Getty Images/iStockphoto There are many ways to finance unexpected emergencies and other large expenses. The ones people often turn to include and . But these aren't always the... + más
When should you get a home equity loan? | CBS News
CBS News USA Business March 22, 2023
A home equity loan can help pay for major household repairs and improvements. Hill Street Studios/Blend Images/Getty Images Warmer weather and sunnier days mean different things for different people. For prospective homebuyers, it means inventory is high and . For existing... + más
3 reasons to use a home equity loan | CBS News
For homeowners, drawing from their home equity can be a cost-effective and valuable way to get needed cash. / Getty Images In a time of , and , many people are wondering how to make ends meet. and can provide quick cash, but they carry high interest rates. That means you'll... + más
CBS News USA Business March 15, 2023
A home equity loan can be beneficial for homeowners who have seen their home's value rise in recent years. Getty Images As the effects of and rising carry on into 2023, many people are looking for ways to better manage their finances. Perhaps you've gone into credit... + más
Are home equity loans worth it? | CBS News
CBS News USA Business March 14, 2023
Interest on home equity loans may be tax deductible if used for IRS-approved purposes. Getty Images During times of economic uncertainty and high inflation, many people may find themselves looking for extra ways to make ends meet. This can take the form of a new part-time job... + más
Everything you need to know about Biden's student loan forgiveness program | CNN
If you need money to fund a major household renovation then a home equity loan may be worth it. Getty Images With still painful and concerns over the stock market and prevalent, many people find themselves exploring additional ways to make ends meet. While this could take the... + más
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