Different financial situations make for different mortgage and refinancing solutions. Learn how your credit score comes into play when it comes to financing or refinancing, find out how to purchase a home when self-employed, and discover about tax deductions homeowners can take advantage of with our personal finance articles.
American homeowners spent more than $600 billion on home renovation costs in 2024, according to a 2025 report from the Joint Center for Housing Studies at Harvard University. That’s 50% higher than it was before the pandemic. If you have renovations that need to be completed, knowing what costs to expect will help you know…
If you’re a homeowner in need of a lump sum of cash — whether for home improvements, debt consolidation, education, or a major life event — you may be weighing the pros and cons of a home equity loan vs. a personal loan. While both provide access to the money you need, they differ vastly…
When your mortgage is your biggest monthly expense, even a small payment reduction can offer much-needed breathing room. If you’re dealing with rising living costs, preparing for future expenses, or just trying to build more financial stability, understanding how to lower your mortgage payment can make a meaningful difference. Fortunately, you have options. From refinancing…
Trying to decide if it makes more sense to rent or buy a home? You’re not alone. More than one-third of American households rent their homes, and it’s likely many have also grappled with the decision of renting vs. buying. Often, the right move comes down to one key question: Which makes the most sense…
The thought of sailing through life with no mortgage payment is an appealing one. But to get there, you need to know how to calculate a mortgage payoff. Once you know your payoff amount, you can decide on the best strategy for paying off your mortgage early. That might mean making bigger payments, more frequent…
Debt in America is certainly not a new problem. Many families face balances on high-interest credit cards, personal loans, and medical bills. If this sounds like you, know you’re not alone — and you’re not out of options. Using a home equity loan for debt consolidation could be a viable solution for reducing your debt….
Credit card debt is a part of life for many people. Whether it’s unexpected expenses or just a balance that grew over time, you’re not alone in looking for ways to pay it down quickly. The good news? You have options to pay it down faster and regain financial peace of mind. Making a payoff…
Between 2020 and 2022, many Americans saw their home equity soar as the median sale price of U.S. homes increased by more than $120,000. If you own a home, that means your equity may have grown, too. And you may be considering different ways to use it, such as remodeling your home or paying off…
It’s no secret that the homebuying and mortgage process is a long journey that can last weeks or even months. Each step can be filled with a number of considerations like: In what kind of community do you want to live? What style of home do you like? Do the homes you’re looking at need…
Ah, retirement: Time to travel, relax, and finally check some things off your bucket list. For homeowners aged 62 and older, a reverse mortgage is a way to tap into your home equity and fund the retirement you’ve been working toward. Learn how a reverse mortgage works, the pros and cons, and what you need…
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