Both can tap your home's equity, but one could cost you a lot more than the other when the new year rolls around.
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Accessing the equity in your home can help you move forward on your financial goals, whether you're planning major renovations, consolidating high-interest debt, or building long-term stability.
Cash-out auto refinancing might help you secure better loan terms and access a lump sum of cash, but there are drawbacks to ...
Typically, the debt must be paid back upon a borrower’s death or the sale of the home. Reverse mortgages can be risky, ...