Mar 7th 2011 5:30PM
When it comes to financing home improvements, there are a lot of ways to pay for every project. From replacing an appliance to adding a room or two, you can cover project costs through great retailer deals and financing options that make the most of currently low interest rates. So, what's the first step toward financing... Continue Reading »
Jul 8th 2010 4:33PM
Times are tough, but Americans are apparently rising to the challenge -- by becoming more frugal. The American Bankers Association reports that borrowers are missing fewer payments on their home equity loans, home equity lines of credit and credit cards. The rate of delinquency payments declined for the third straight... Continue Reading »
Jul 2nd 2010 4:37PM
The wrong way to use your home equity line of credit: purchasing $1,300 worth of ties, as the current court case of former Illinois governor Rod Blagojevich and his wife, Patti, recently revealed. According to court documents, the governor and his wife were using credit cards and home equity to finance a lifestyle they... Continue Reading »
Apr 13th 2010 12:59PM
Say it ain't so. If a prediction from a leading research firm turns out to be accurate, three of the country's biggest banks are poised for colossal losses of up to $30 billion -- this time because of their exposure to home-equity loans. The research firm, CreditSights Inc., says that Bank of America, Wells Fargo and... Continue Reading »
