Tips for financing that home remodeling

Source: Ann Carrns, N.Y.Times (Paid Registration)

The recovery in housing prices means that more people have equity in their homes that they can tap for projects like adding a bathroom or updating a kitchen. As interest rates tick upward, though, homeowners may want to consider whether to draw on that equity for a remodel.

Here are some questions and answers about home-equity financing:  Do I have to use a home-equity line of credit right away?


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