Learn about the four ways a Unison Equity Sharing Agreement can end, including selling your home or choosing a buyout.
Cash-out refinancing can be a good option for homeowners who need quick access to funds, but it's not the right move for everyone. Fortunately, there are other options available to you.
If you want to tap into the equity built up in your home, home equity loans and home equity lines of credit (HELOCs) are two of the most popular, widely-known options available. You’ve probably also wondered, what exactly are the differences between them?
You’ve probably heard of home equity loans, and have a general idea of what they are. But if you’re looking for a way to access your growing home equity and considering your options, a “general idea” isn’t going to cut it.
It’s no secret that Americans are sitting on an enormous amount of home equity (nearly $30 trillion!) But sitting is a passive act; you may be wondering whether there’s a way you could make your equity actively work for you.
A cash-out refinance is a mortgage refinancing solution that allows homeowners to replace their existing mortgage with a new one–usually at a higher loan amount–and receive the difference between the two loans in cash.
You’ve probably heard it’s good to build equity in your home. But what is home equity, exactly? How can you calculate the equity you have in your home? What can you even use that home equity to do?
What are the alternatives to tapping into your home equity to cover a big expense? Over the next several days, tune in to this series of shorter blog posts that delve into some of your options. Today: Personal Loans and Credit Cards.
The 2024 housing market has demonstrated significant growth and resilience, overcoming headwinds from high interest rates to achieve a remarkable surge in home equity. This annual report examines key trends in home equity throughout the year, analyzing both national and regional data to provide a comprehensive overview of the market.
Our Chief Investment Officer, Matt O’Hara, recently published an article as a member of Forbes Finance Council. Read "7 Ways to Tap Into Your Home's Equity" today.
A reverse mortgage is a convenient way to use your home equity as a cash source during retirement, but there are some downsides to a reverse mortgage.
Renovations surged during the peak of COVID, when we were all stuck at home. Then high rates introduced a bit of a slump. Now? They're on the rise again. Plus, city and state governments are removing restrictions to building ADUs.
If you're in the market for a loan, you do research and shop around. In doing so, you continuously encounter interest rates and APR. What’s the difference? And what do they really mean, functionally, for your budget, your spending?
