Por: CBS News Business July 18, 2023
It's important to know how to best use a home equity loan or HELOC so you can borrow wisely. TH YAPR/Getty Images There are times when you may need extra cash to cover a large expense (or expenses) you can't pay for out of pocket. While many people turn to or to get these funds, homeowners have another source at their disposal: their .With a or , you can draw from the value you've built in your home to pay for any number of... + 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 April 04, 2023
When applying for a home equity loan, it helps to be prepared with answers to some important questions. Getty Images With so many credit options on the market, it can quickly become confusing trying to navigate which one is best for you. While and are two of the most popular... + más
What can you use a home equity loan for? | 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
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