Archive for March, 2011

Consolidating Debt with a Home Equity Loan

Friday, March 11th, 2011

If high interest on various kinds of debts have you worried, now may be the time to look into consolidating debt with a second mortgage or a home equity loan—the two terms are identical in meaning, but a difference arises when you select a home equity line of credit.  A fixed rate second mortgage will [...]

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Negative Home Equity Rates Rising

Thursday, March 10th, 2011

According to CoreLogic, the number of homeowners whose home loans are underwater edged up in the fourth quarter as dropping home prices continued to reduce the amount of home equity borrowers have to work with. Whether you are looking to get cash out of your home, qualify for a refinance or simply sell your home for a [...]

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Compare Home Equity Loan Refinancing

Thursday, March 10th, 2011

Whether you are shopping around for a more flexible equity line or looking for options regarding home equity refinancing, you will likely find fixed rate second mortgage options to be more appealing, at least in these economic times.  Before you decide to combine your home equity loan and first mortgage together or refinance variable rate [...]

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