Repayments Loom on Millions of HELOCs
Borrowers with home equity lines of credit (HELOCs) will face a growing risk of default…
HELOC
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The Return of Piggyback Loans
Taking out two mortgages on the same house simultaneously may sound like a bad idea at…
Using Your Home's Equity to Finance the Big Wedding Day
When saving for the future, many people forget that their children's weddings will be…
Rising Values Help Boost San Diego Home Equity Loans
San Diego is finally catching up to other high-priced housing markets in California,…
Wells Eliminates Interest-Only HELOCs
Wells Fargo, the nation's largest mortgage lender, is eliminating the interest-only…
What rising home values mean for HELOCS
The average homeowner saw a $12,500 gain in home equity last year, providing a little…
Saving Money on Home Improvements
Your kitchen hasn't been updated since the 1970s, and the only bathroom on your home's…
A Complete Guide to Second Mortgages
What is a second mortgage? It's any loan secured by the value of your home, aside from…
Second Mortgage HELOCs: Don't Forget the Principal
HELOC second mortgages are often structured with interest-only payments, but that…