Por: CBS News Business November 10, 2023
Your home equity could be the key to your financial freedom. Getty Images/iStockphoto You've been since the day you bought it - and at a rapid rate for some time now. If you bought your house before 2020, you likely have quite a decent amount of equity at your disposal.That's great news considering the current economic climate. Prices for goods and services are elevated. In an effort to combat inflation, the Federal Reserve has... + full article
CBS News USA Business October 31, 2023
A certificate of deposit can earn a solid amount of interest depending on your interest rate and term. Getty Images (CDs) are an , but they serve the same function: You put money in the bank and earn interest on your money. With a certificate of deposit, you agree to keep the... + más
Short-term vs. long-term CDs: Which is better in today's economy? | CBS News
CD rates could soon peak. Here are 3 types to consider now. | CBS News
CBS News USA Business September 05, 2023
If you don't have enough equity in your home, you're a riskier bet for lenders, and they're less likely to approve you. /Getty Images Borrowing money against the equity in your home can be a great way to access funds for everything from to . Home equity products... + más
How much equity can I borrow from my home? | CBS News
How much can I borrow with a home equity loan? | CBS News
CBS News USA Business August 15, 2023
Wondering how quickly you can tap into your home's equity as a new homeowner? Here's the potential timeline. Getty Images Right now, home equity levels are high for many homeowners across the nation. According to a recent report, the average mortgage holder currently... + más
How much home equity do you need to borrow from it? | CBS News
When should you get a home equity loan? | CBS News
CBS News USA Business June 28, 2023
With the right approach, tapping into your home equity can be a smart way to get the money you need. Getty Images As a homeowner, you may have heard of refinancing as a way to get out of your home. Specifically, with a , you refinance your existing mortgage for more than you owe... + más
How does mortgage refinancing work? | CBS News
3 smart times to refinance your mortgage | CBS News
CBS News USA Business April 20, 2023
If you can wait before tapping into your home equity, you can increase how much you might be able to borrow. Getty Images/iStockphoto If you're a homeowner, your home could be a valuable source of cash for a number of purposes. By tapping into your — how much value... + más
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CBS News USA Business April 10, 2023
Home equity loan requirements help lenders determine how likely you are to repay them. Getty Images/iStockphoto There's a lot of value in your home. It's where you unwind, create memories and spend time with loved ones. It can also be a source of financial value —... + más
What can you use a home equity loan for? | CBS News
Should you get a home equity loan now? | CBS News
CBS News USA Business March 28, 2023
For both home equity loans and HELOCs, how much you can borrow depends on your loan-to-value (LTV) ratio and other factors. Getty Images In times of and , many Americans are wondering how to make ends meet. You could turn to financing options like and , but their interest rates... + más
HELOCs vs. home equity loans: Which is better? | CBS News
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