10 August 2015
Back in 2001 when banks were liberal with home equity loans and allowed up to 125 percent of a home's equity to be borrowed, Atlanta real estate agent Bruce Ailion got a home equity line of credit for $75,000 on his home.
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12 December 2014
If you're a parent who's ready to send your child off to college, you may be in for a rude awakening.All those nickels, dimes and hundred dollar bills you've saved over the years may not be enough to afford today's astronomical college tuitions.
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20 October 2014
Imagining how you're going to enjoy the new comforts of a home renovation after you've been approved for a home equity loan can be relaxing.
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5 September 2014
New rules that took effect last month protect widowed spouses whose homes are subject to a reverse mortgage.But for borrowers who will be seeking such loans, there is a downside as well.
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28 April 2014
Borrowers appear to be turning to home equity loans again, with the number of new home equity revolving lines of credit (HELOCs) up 10 percent over the past year.
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13 February 2014
Recent changes in federal rules that make it more difficult for seniors to get a reverse mortgage are meant, in part, to protect seniors from themselves, experts say.
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27 November 2013
For Jeff Wilson, taking out a $50,000 home equity loan to winterize and expand his Ohio home was a no-brainer.
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26 November 2013
A new mortgage crisis, this one in home equity loans, could be brewing as payments are due to rise sharply for borrowers who took out such loans during the years of the housing bubble.
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12 June 2013
The number of homeowners with underwater mortgages continues to fall, with another 850,000 mortgages returning to positive equity in the first quarter of the year.
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20 March 2013
The number of homeowners with underwater mortgages continued to shrink in the fourth quarter of last year, although at a modest pace.
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11 April 2008
Home equity loans are a popular option for borrowing money, but they aren't always the right choice.Here are three alternatives.
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10 September 2018
If your HELOC is nearing the end of its draw period, you might be thinking about refinancing it to avoid a financial hit or maintain the financial flexibility it provides.
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20 March 2017
Home equity has been on the rise, putting homeowners in a better position to take on things like home improvement, debt consolidation or other goals through a home equity line of credit (HELOC).
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30 January 2017
If you're nearing the end of the draw period on a home equity line of credit, refinancing into a new HELOC could relieve pressure on your budget and preserve financial flexibility.
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4 April 2016
Thinking about getting a HELOC but not sure whether to proceed? Here are a baker's dozen of the pros and cons of home equity lines of credit.
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10 March 2016
Getting a good deal on a HELOC requires more than just finding the best rate - you need to search out the hidden fees that may be in the agreement as well.
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11 February 2016
A home equity line of credit (HELOC) offers a number of advantages over other types of loans.Here's a short summary of some of the main ones.
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11 May 2015
Did you take out a home equity line of credit in the last eight or nine years? Then you better prepare for a higher monthly payment -- maybe one that is as much as two times higher than what you're paying today.
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12 October 2014
A great collection of our HELOC news articles that we have been publishing throughout the years.Use the links below to navigate to the article and information that you would like to read more about.
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27 August 2014
Borrowers with home equity lines of credit (HELOCs) will face a growing risk of default over the next several years, as the bills come due on millions of such loans.
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