Sharon Wu, a senior writer with over a decade of experience, specializes in consumer-focused content covering home and finance topics such as insurance, investments, credit, debt, mortgages and home ...

Home equity is a valuable financial resource. By definition, it’s the difference between your home’s value and how much you owe on your mortgage. For example, if your home is worth $500,000 and you ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. (NewsNation) — Homeownership feels out of ...

To calculate your home's equity, subtract the balance on all debts secured by your home – including your primary mortgage and any secondary loans – from your property's current appraised value. The ...

Longbridge's HELOC for Seniors incorporates elements of both a traditional line of credit and a reverse mortgage. Borrowers ...

Inheriting a house with debt always involves doing some extra homework, and if the home has a reverse mortgage, there's a ...

If you're a homeowner over age 62, you may be sitting on your biggest financial asset while struggling to pay your bills.