Tweet Borrowing money based on the equity in your home. Working much like a credit card, your HELOC balance can vary as can your monthly payments. Read on and we’ll
Forget the costly home improvement project: you still have one or more children to put through college, an expense that will drain you of your available capital. A desired home renovation project can wait, with those plans perhaps shelved until after your youngest graduates from college.
Say “adjustable rate mortgage” to many consumers and you’ll hear a variety or responses, with not a few being quite negative. That’s because ARMs are associated with sub-prime lending, which was quite common and have been routinely blamed for our current mortgage crisis.
Tweet You say that there isn’t anything in life that is free? Well, for millions of American homeowners, living in a home may be about the closest thing to a