Choose your location
LATEST NEWS
Can you use home equity to buy a duplex?
We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. The average homeowner in the U.S. currently has close to $300,000 in home equity. And since borrowing against home equity is currently cheaper than many other options, especially credit cards, many borrowers are opting to use it. Two popular ways consumers can tap their home equity is to take out a home equity loan or home equity line of credit (HELOC). You can use home equity funds for any legal reason, and common uses include home renovations and repairs. If...
How much would a $100,000 HELOC cost per month?
We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. Home equity borrowing is often one of the most cost-effective ways to access extra funding. Due to the home in question serving as collateral, lenders tend to offer low interest rates. However, thanks to inflation and an elevated rate climate in recent years, it has become one of the only ways to borrow money at a low interest rate. Even now, with inflation cooling and a cut to the federal funds rate looming, rates on home equity loans and...
Typical Monthly Payments Ease As Rates Slide Downward
The typical U.S. homebuyer’s monthly housing payment was $2,671 during the four weeks ending July 21, the lowest level in four months. As mortgage rates start to dip, housing payments are following suit. A new report from Redfin says the typical U.S. homebuyer’s monthly housing payment was $2,671 during...
Rams QB Matthew Stafford Lists Hidden Hills, CA, Home Once Owned by Drake
Los Angeles Rams quarterback Matthew Stafford is selling a Hidden Hills, CA, home he picked up a couple of years ago from rapper Drake. After purchasing the place for $5 million in April 2022, Stafford wants to hand it off to a new owner for $5.7 million. The Super Bowl...
Kevin Spacey's waterfront Baltimore condo sold at auction after foreclosure
BALTIMORE (AP) — Kevin Spacey’s $5.6 million waterfront condominium in Baltimore has been sold at auction amid the disgraced actor's financial struggles following a slew of sexual misconduct allegations. Last summer, a London jury acquitted Spacey on sexual assault charges stemming from allegations by four men dating back...
Welcome to NewsBreak, an open platform where diverse perspectives converge. Most of our content comes from established publications and journalists, as well as from our extensive network of tens of thousands of creators who contribute to our platform. We empower individuals to share insightful viewpoints through short posts and comments. It’s essential to note our commitment to transparency: our Terms of Use acknowledge that our services may not always be error-free, and our Community Standards emphasize our discretion in enforcing policies. We strive to foster a dynamic environment for free expression and robust discourse through safety guardrails of human and AI moderation. Join us in shaping the news narrative together.