Tag: EQUITY
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Refinance Mortgage 2025: Is Now the Right Time for Homeowners?
With mortgage rates hitting an 11-month low in 2025, many homeowners are wondering if now is the right time to refinance. Lower rates can mean reduced monthly payments, shorter loan terms, or cash for home upgrades—but refinancing isn’t right for everyone. Here’s what you need to know before deciding whether a refinance mortgage in 2025…
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How to Use a HELOC or Second Mortgage Wisely
A HELOC, or Home Equity Line of Credit, can be a powerful financial tool. Along with second mortgages, these products let you borrow against the value of your home. Used carefully, they can help you manage expenses or invest in your future. But without a plan, a HELOC or second mortgage can quickly lead to…