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Should you tap into your home equity?
Home Equity is the difference between your home’s value and your mortgage balance. Owners can tap into home equity for home repairs, medical bills, college tuition, or other expenses.
Surprisingly, homeowners may be sitting on more equity than they think, thanks to rising home prices. The typical homeowner had about $270,000 in home equity at the beginning of 2023.
Ray Fletcher and Terry discuss if and how you should tap into your home equity.
You can subscribe to our podcasts via:
The post Should you tap into your home equity? appeared first on My Home HQ with Ray Fletcher.
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By Ray FletcherHome Equity is the difference between your home’s value and your mortgage balance. Owners can tap into home equity for home repairs, medical bills, college tuition, or other expenses.
Surprisingly, homeowners may be sitting on more equity than they think, thanks to rising home prices. The typical homeowner had about $270,000 in home equity at the beginning of 2023.
Ray Fletcher and Terry discuss if and how you should tap into your home equity.
You can subscribe to our podcasts via:
The post Should you tap into your home equity? appeared first on My Home HQ with Ray Fletcher.