Home Equity Loans: An Historic Perspective
Home equity loans grew popular in the 1980s, as lenders let homeowners borrow as much as 100 percent of their equity. But in 2007, that practice was given a major overhaul. Read More» |
Home Equity Loan Problems May Spark Recession
Home equity loans have turned easy credit into imminent disaster for insatiable borrowers. Soon, America may slide head-on into a mortgage-fueled recession. Read More» |
Five Financial Tips for Funding a Start-Up
Most start-up companies have some of their biggest problems getting out of the starting blocks. Every young company struggles to find financing in its infancy. If you're considering launching one, take a good look at a home... Read More» |
Four Ways to Find Mortgage Money
When Plato said, "Necessity is the mother of invention," he probably wasn't thinking about homeowners who are having trouble making ends meet. However, rising interest rates have enlarged monthly mortgage payments, and people... Read More» |
Dismal Short-term Future for Mortgages
Industry experts predict that the slowdown of mortgages and property sales will continue through the third quarter of 2008. Read More» |
Six Advantages of HELOCs
If you were a typical kid, you hated homework. But as an adult, you now understand that doing your homework can pay off financially-especially when you learn about the advantages of a home equity line of credit. Read More» |
Home Equity Loan Slump Affecting Advertising
Instability and reduced liquidity has mortgage lenders and financial firms reaching out to consumers with advertising messages that emphasize strength and stability. Read More» |
Home Equity Loans: Expecting the Unexpected
Life can throw you plenty of curveballs, and some of them can be financially destructive. If tough times hit, you'll need to consider a solid option for making ends meet. Try a home equity loan. Read More» |
Use HELOC for Business Start-up
When starting a new business, an entrepreneur's first instinct is to turn to a bank for a business loan. Most banks prefer to lend only to established businesses, however, creating a catch 22. Home equity loans provide an... Read More» |
How To Finance A Boat
A boat-large or small, with engines or sails-can be a great place to relax after a hard week in the office. Learn how to finance your own dream yacht. Read More» |
Home Equity Loans for Businesses are Drying Up
As the mortgage crisis spills into other areas of the economy, many small business owners will lose an important source of capital. Home equity loans have been financing thousands of small companies, but that source of funds is... Read More» |
Using a HELOC to Bridge the Gap
Market dynamics make it a great time to find and purchase that dream home, as long as the purchase isn't contingent upon the sale of your existing one. If it is, use a HELOC to bridge the financial gap. Read More» |
Five HELOC Risks
With relatively low interest rates and tax-deductible interest, home equity lines of credit (HELOCs) have always been considered the best choice when it comes to home improvement loans. But while they might be the top lending... Read More» |
Four Signs Your Home Equity Loan is in Trouble
The delinquency rate among home equity loans has experienced a recently frightening increase. Overly aggressive lenders may have caused the problem by relaxing their loan guidelines. But borrowers are also to blame,... Read More» |
Home Equity Loans More Difficult to Obtain
Home equity loans are harder to come by as secondary market investors rethink their exposure to the struggling U.S. mortgage industry. Read More» |
Be Trendy: Expand Entertainment Area with a Home Equity Loan
Forget the old patio set and hammock-the traditional backyard is getting a makeover. Trendy homeowners are now creating additional living space by decking out their decks with modern appliances, wide screen TVs, and more. Read More» |
HELOCs: Everything You Need to Know
Are you considering a home equity line of credit (HELOC)? You can avoid costly mistakes by knowing the essential facts before funding. Read More» |
Home Equity Loans can be Risky Business
Leveraging your home equity can be an easy, affordable way to borrow lots of money. Make sure that the risks don't outweigh the rewards. Read More» |
Lower Your HELOC Rate
A home equity line of credit can be a great tool for consolidating high interest credit card debt, or financing a long-overdue home improvement project. Get the lowest rate possible, and then bank the savings over time. Read More» |
Tough Seller's Market? Use Home Equity to Spruce Up Your Home
With foreclosures hitting all-time highs, it takes additional creativity to successfully market a home. But a home equity loan can help you dress up your property and complete a sale, even in a highly competitive market. Read More» |