On this week’s edition of Your Real Estate Life with Michael Harris, the focus is “Your Home Equity: What Should You Do With It?” Michael explains how homeowners can evaluate their home equity as part of their overall financial strategy, including when to preserve it and when accessing it may make sense. The program explores the differences between HELOCs, home equity loans, and cash-out refinances, along with using equity for home improvements, debt restructuring, investment opportunities, and retirement planning through reverse mortgage options for eligible homeowners. Michael also reviews the economic calendar for the week of October 19, 2026, and shares a practical checklist to help homeowners compare borrowing costs, monthly payments, liquidity, risks, and alternatives before deciding. The central message: Having equity doesn’t mean you should borrow against it, the right strategy starts with understanding your goals, your options, and your long-term financial well-being.
