Reported about 11 hours ago
As homeowners navigate the challenges of high interest rates, tapping into home equity can be a wise alternative to waiting for refinancing. Experts advise having clear financial goals when considering a cash-out refinance versus a home equity loan, especially when weighing the cost implications and interest rates. Maintaining discipline with spending and understanding the risks involved, such as closing costs and potential overspending, is crucial for making a financially sound decision.
Source: YAHOO