Ways

6 Ways to Finance Your Home Improvement Project

If you’ve been staring at the four walls of your home since March, you might feel an itch to finally finish your basement or update your bathroom tiles. As long as you’re at home, you might as well enjoy what you’re looking at, right?

According to a survey by online lender LightStream, 73% of homeowners are planning a home improvement project this year. Nearly two-thirds of homeowners planning renovations will use savings, the survey says. Those who don’t have savings or choose not to spend it will need to weigh their options for financing their renovation projects.

The best way to pay for your project depends on factors like your home equity, credit and goals for the project. Here are six types of home improvement loans and how each works.

1. Cash-out refinance

The economic effects of COVID-19 have driven mortgage rates down sharply, making cash-out refinance a popular recommendation

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7 Ways to Enjoy the Outdoors at Home

In this current moment when many of us are staying home, one of the best remedies to help alleviate some of the stress is to head outside and get some fresh air – preferably at least six feet or more away from your neighbor. If you’re lucky enough to have an outdoor space, whether you have a sprawling backyard or a smidgen of a patio, make the most of it with these seven ideas for improving your outdoor area.

Curate an outdoor lounge space

Had to cancel a beach vacation you planned for spring break or summer? Set up an outdoor lounge space on your patio or in the yard to give your outdoor space a tropical feel. You can either scour the internet for lounge chairs, chaise lounges, hammocks and outdoor sectionals, or create your own, like a one-of-a-kind outdoor lounge bed. All you need to complete this project

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