home equity

5 questions to ask before you tap into your home equity

Is this just a quick fix for more spending?
Is this just a quick fix for more spending? | Morsa Images/Getty Images

Is this just a quick fix for more spending?

If you've got problem debt, ask yourself if the trouble really is a lack of cash or an affinity for shopping. Before you put your home on the line by borrowing against it, make sure you know how to live within your means.

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Ask Dr. Don

HELOC vs. reverse mortgage?

Dear Senior Living Adviser, If you have a home equity line of credit , or HELOC, for $150,000 with no balance on it, should you use it instead of a reverse mortgage? Which is a better way to save the assets if there is... Read more


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