The High-Class Problem That Comes With Home Equity
You may feel richer as you pay your mortgage down and home values go up. Using that equity is another matter entirely.
Posted inBanking and Financial Institutions Credit and Debt Credit Cards Federal Reserve System Government Bonds Home Equity Loans Interest Rates Mortgages Personal Finances Student Loans
What Fed Rate Moves Mean for Mortgages, Credit Cards and Student Loans
Higher rates benefit those who can save, but for borrowers falling rates would reduce bills on credit cards, home equity loans and other forms of debt.
Posted inBanking and Financial Institutions Black People Elderly Home Equity Loans Income Inequality Interest Rates Minorities Mortgages Personal Finances Real Estate and Housing (Residential) Renting and Leasing (Real Estate) Retirement
‘Aging in Place, or Stuck in Place?’
Homeownership is not the boon to older Americans that it once was.
Posted inCertificates of Deposit Credit Cards Federal Reserve System Home Equity Loans Interest Rates Money Market Accounts Mortgages Student Loans
What Fed Rate Moves Mean for Mortgages, Credit Cards and More
Savers benefit from higher rates, but borrowers have faced bigger bills on credit cards, student loans and other forms of debt.