Article Archive April, 2006

Financing a Second Home with a Second Mortgage Loan

Many of us dream of owning a second home, perhaps as a vacation or income-producing property. Is financing a second home with a second mortgage an option?

Refinancing Tips - Five Steps to a Speedy Loan

As the refinancing boom draws to an end, it's still possible to lock in a great rate. Here are five steps to ensure that you get an attractive deal before it's too late.

Debt Consolidation - Borrowing against Home Equity to Pay off Debts

Recently, bargain-basement interest rates have begun to edge upward, making the cost of borrowing a bit more expensive. However, it's still not too late. One of the best sources of money for loans is built right into the building called your home.

Second Mortgage Loans for Home Improvements

A second mortgage is often used to add value to your home. When you have equity in your property, you can borrow against it through a second mortgage. Then, you can spend the money on home improvements, which add even more equity to your property.

National Rates

Loan Type Today
30 Year Fixed   6.10
15 Year Fixed   5.73
5/1 Adjustable   5.75

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