For Americans nearing retirement, these can be stressful times. Prices are rising, interest rates are high and inflation is still not at the level the Federal Reserve has been aiming at for years.

We might earn a commission if you make a purchase through one of the links. The McClatchy Commerce Content team, which is independent from our newsroom, oversees this content. Home equity, or the ...

Interest rates are elevated, and the cost of living keeps rising, so many homeowners are turning to their property for financial breathing room. Home prices are still high, and most homeowners have ...

Your home is likely among your biggest financial assets. And if you’re entering retirement, it may also be more space (and expense) than you need. Many retirees choose to downsize — selling a larger ...

Home equity is the portion of a house that the homeowner holds outright — the difference between the house's value and the total amount they owe on the home. As their equity increases, homeowners can ...

Your home equity — the amount of your house that you own outright — can be a valuable resource. You can use your equity to ...

Facing down high-interest debt can seem like an impossible hill to climb. If your own debt feels insurmountable, you’re not alone. Overall debt in the U.S. rose 2.4% between 2023 and 2024, according ...

Rising home prices, low inventory and high mortgage rates have homeowners choosing to renovate their homes instead of moving. Two popular options for tapping into home equity for renovations include a ...

Equity is the difference between your home’s value and your remaining mortgage balance According to the Federal Housing Finance Agency, U.S. home values have gone up an average of 5.7% from the second ...

Knowing how to calculate home equity gives homeowners a way to understand their home’s worth — and potentially liquidate it for their needs or wants. To calculate your home equity, take your home’s ...