Many retirees dream of updating their homes. It could be a new kitchen, an updated master bathroom or energy-efficient windows. Instinct has us wanting to pay cash and avoid debt. But here’s the problem. Tying up too much money in a renovation can leave you short on liquidity for emergencies, healthcare costs or everyday expenses. That cash could be working harder for you elsewhere. Learn More: I Help People Retire Every Day — Here’s the Most Common Retirement Mistake People Make Check Out: 10 Unreliable ...

The Yahoo view: A good choice for borrowers, particularly on the East Coast, PNC Bank offers first-time home buyers grants, PMI-free loans, and medical professional loans. It's also earned a spot on Yahoo Finance's list of the best FHA mortgage lenders. PNC Bank has some in-depth tools for first-time home buyers, a competitive home equity line of credit — and some unique transparency with its mortgage rates. Two areas that could be improved: an easier guide to several specialty loan programs and a better ...