Latest in Is a reverse mortgage or home equity loan better for seniors? Experts weigh in
Sort by
1,609 items
-
Is a reverse mortgage or home equity loan better for seniors? Experts weigh in
Seniors have a few options for tapping into their home's equity, but certain options may be better than others.Top stories - CBS News - October 25 -
Is a HELOC or home equity loan better with inflation rising?
With inflation rising again, homeowners considering using their home equity should review both options carefully.Top stories - CBS News - November 14 -
Should you refinance your home equity loan now that rates are cut? Experts weigh in
Interest rates were cut again last week. Does that make now a smart to refinance your home equity loan?Top stories - CBS News - November 11 -
Why home equity loans are better than refinancing right now
There's a compelling argument to be made for using a home equity loan over a refinance loan right now. Here's why.Top stories - CBS News - 4 days ago -
Is a $100,000 home equity loan worth it?
A $100,000 home equity loan could be worth opening for a wide swath of homeowners. Here's why.Top stories - CBS News - November 4 -
5 important reverse mortgage facts seniors should know
Seniors contemplating a reverse mortgage should familiarize themselves with these five facts before getting started.Top stories - CBS News - November 14 -
What will mortgage interest rates be in 2025? Experts weigh in
Mortgage rates should fall next year, experts say, but you may not want to wait. Here's why.Top stories - CBS News - Yesterday -
3 home equity loan risks to know this November
Home equity loans can be helpful for borrowers now but there are some risks to know this November. Here are three.Top stories - CBS News - October 25 -
Will home equity loan interest rates fall in November?
Waiting for a chance to tap into your home equity at an affordable rate? Here's where rates could head in November.Top stories - CBS News - October 31 -
Is a home equity loan safe right now?
Home equity loan interest rates have declined in 2024, but is this a safe way to borrow money right now?Top stories - CBS News - 3 days ago -
When could mortgage rates hit 5% again? Experts weigh in
Mortgage rates could hit 5% by the end of 2025, but experts warn against waiting if you're planning to buy a home.Top stories - CBS News - 3 days ago -
How to get a low home equity loan rate this November
There are multiple ways borrowers can secure a low home equity loan interest rate this November. Here are three.Top stories - CBS News - October 29 -
What's the home equity loan interest rate forecast for November 2024?
Home equity loan interest rates could fall, but they might not be worth waiting for. Here's everything to know.Top stories - CBS News - October 30 -
HELOCs vs. home equity loans: Everything to consider right now
Not sure if a HELOC or home equity loan is your best recourse? Here's everything homeowners should consider now.Top stories - CBS News - November 1 -
How far will home equity loan interest rates drop in November?
Home equity loans could decline in November, but that isn't the only feasible possibility, experts say.Top stories - CBS News - November 4 -
How low will home equity loan interest rates drop in November?
There are a few events in November that could help push home equity borrowing rates lower, experts say.Top stories - CBS News - November 7 -
When will home equity loan rates fall below 8%?
Home equity loan rates have been dropping. But when will they fall below 8%? Here's what to consider now.Top stories - CBS News - November 7 -
Here's when home equity loan rates could fall again
There are plenty of upcoming dates in which home equity loan rates could fall again. Here are three to watch for.Top stories - CBS News - November 11 -
Why you should check home equity loan rates daily
There are many reasons why home equity loan borrowers should be checking interest rates daily. Here's what to know.Top stories - CBS News - November 11 -
Should you open a home equity loan now or wait until 2025?
There are pros and cons to opening a home equity loan now versus later in 2025. Here's what to consider.Top stories - CBS News - November 12 -
Should you open a home equity loan with inflation rising again?
Inflation grew again in October, leading some to wonder about the merits of borrowing from their home equity now.Top stories - CBS News - November 14 -
How far have home equity loan interest rates fallen in 2024?
Home equity loan interest rates have been on a steady downward path all year. Here's what to know now.Top stories - CBS News - 5 days ago -
4 risks of waiting for home equity loan interest rates to fall further
Home equity loan interest rates are falling, but is it worth waiting for them to drop further? Here's what to know.Top stories - CBS News - 5 days ago -
Will the average home equity amount rise in 2025? Here's what experts think.
Homeowners have an average of over $300,000 in home equity right now, which could climb even higher in 2025.Top stories - CBS News - 2 days ago -
Should you lock in a mortgage rate after the November rate cut? Experts weigh in
Aside from the November rate cut, several factors play a role in timing your mortgage rate lock.Top stories - CBS News - November 5 -
What will happen to home equity loan rates after this week's Fed rate cut?
Another Fed rate cut is expected this week. Here's what that could mean for home equity loan rates.Top stories - CBS News - November 5 -
Considering a home equity loan now? Why you should open one before the end of 2024
There's a major advantage to opening a home equity loan before December 31 that borrowers should know.Top stories - CBS News - November 6 -
How much would a $10,000 home equity loan cost monthly now that rates are cut?
Home equity loan interest rates are on the decline. Here's how much a $10,000 loan costs per month right now.Top stories - CBS News - November 12 -
Should you use home equity to pay off debt before the holidays? What experts say
Using home equity to pay off debt before the holidays could make sense for some, but not everyone.Top stories - CBS News - 5 days ago -
When should you use home equity for debt consolidation? Here's what experts suggest.
Home equity can be a handy debt consolidation tool, but using it for this purpose also comes with some risks.Top stories - CBS News - Yesterday -
3 mortgage refinancing alternatives seniors should consider now
Seniors disappointed in their mortgage refinancing options may benefit from exploring these alternatives instead.Top stories - CBS News - Yesterday -
Will UK interest rate cut make mortgages and loans cheaper?
Bank of England interest rates affect the mortgage, loan and savings rates for millions of people.Top stories - BBC News - November 7 -
Should you take out a mortgage loan now or wait until 2025?
If you're on the fence about whether to buy a home now or delay further, here's what you should know.Top stories - CBS News - 4 days ago -
3 home equity moves to make before 2025
Are you considering a home equity loan now? Here are three moves to make before the end of the year.Top stories - CBS News - November 15 -
With facial fillers on the rise, expert weighs in on the risks
Last year, more than 5 million people received filler injections, an 8% increase from the previous year. Dermatologist Dr. Jeanine Downie joins "CBS Mornings Plus" to discuss the potential risks ...Top stories - CBS News - November 11 -
Thames Water’s emergency loan could cost £800mn in interest and fees
Mooted £3bn loan will hit customers and drain troubled utility’s resources, warn expertsWorld - Financial Times - November 17 -
Trump or Harris: Who would bring mortgage rates down? Three economists weigh in.
What will happen to mortgage rates and home prices in a prospective Trump or Harris administration? MarketWatch spoke to three economists to find out.Business - MarketWatch - November 5 -
America’s secret weapon against inflation: The 30-year home mortgage
Being able to lock in a predictable payment for decades isn’t just a financial tool; it protects families from economic uncertainty.Business - MarketWatch - November 2 -
Home sales surged in October, just before mortgage rates jumped
Sales were 2.9% higher than October of last year, marking the first annual increase in over three years.Business - CNBC - 2 days ago -
Home sales surged in October, just before mortgage rates jumped
A sharp drop in mortgage rates brought homebuyers off the fence in October after a slow summer.Top stories - NBC News - 2 days ago