home equity

How much equity can you cash out of home?

Mortgage » 5 Housing Trends For Summer 2014

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You've decided you want to grab some of your home's equity. How much should you cash out?

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Too much debt, too few options

Dear Dr. Don, My husband and I have a $173,000 home equity line of credit, or HELOC, carrying an interest rate of 2.25 percent. It has a draw period coming to a close in March 2016. Our monthly payments are to jump at that... Read more

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