Reverse Mortgage Changes Allow You to Tap Home Equity


Reverse Mortgage Changes Allow You to Tap Home Equity
NEW YORK (MainStreet) — If you watch much cable, you've certainly seen the ads. A familiar television presence who is getting on in years, like Fred Thompson or Henry Winkler, appears on screen to explain earnestly how you can tap your home's equity …
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Midwest homeowners struggle to regain home equity
While other states start to recover, homeowners in Ohio and other Midwestern states are struggling to regain equity in their houses, with more than 30% of mortgaged homeowners in Ohio, Michigan and Illinois owing considerably more than their homes are …
Read more on Housing Wire

What is Home Equity? Equity is the difference between the value of a property and what is owed on the mortgage. In terms of sellling, equity is the amount of…

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