Posts Tagged ‘home equity line of credit’
Ten Reasons to Consider Tapping Home Equity Now
The Federal Reserve has set the wheels in motion and for the first time in nearly a decade, interest rates are on an upward trajectory. The initial hike was a modest one quarter of one percentage point — not a game changer for most investors or consumers. And from what Fed Chairwoman Janet Yellen telegraphed…
Read MoreHome Equity Loans Versus Lines of Credit: What’s the Difference?
Thinking of tapping the equity in your home to do a renovation, buy a second home, or consolidate debt? Before you decide which borrowing option is right for you, it’s important to understand the main differences between the two options. Home Equity Loan Home Equity Line of Credit (HELOC) Fixed interest rate for the life…
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