Do you have equity in your home? If so, you can use this equity to get cash in hand with cash-out refinancing. Here’s how it works.
Cash-Out Refinance 101
You take out
If you’re a homeowner and live in certain parts of the country, your net worth may have just got larger. Gains in equity across the nation indicate that it pays
According to the newly released CoreLogic Q3 2017 Home Equity Analysis, homeowners with mortgages (roughly 63 percent of all homeowners) have collectively seen their equity increase 11.8 percent year-over-year, representing
Thanks to improvements in the housing market and overall economy, homeowners are once again using their properties as piggy banks – drawing cash from their home’s equity.
Negative equity is something every homeowner hopes to avoid. Having negative equity can greatly complicate any plans you might have for selling or refinancing your home, not to mention make