Posts with tag home equity loans

Home Equity Lending's Uptick: Why It's Good News for Homeowners and the Economy

By Jeff Brown Terrific news! Home equity lending is increasing! OK, maybe it's not a world-changing event. But an uptick in home equity loans is more evidence that the housing market is strengthening. And it gives another loan option to homeowners who still do have equity despite the plunge in home prices after the... Continue Reading »

Home Improvements for First Home Buyers

To improve or not to improve--that's the big question when you're about to move into a new home, and especially challenging if it's your first home. You want to make the right choices for your wallet, your comfort and your return on your home improvement investment dollar. Before you hire a contractor or take a... Continue Reading »

Mortgage Jargon in Simple Terms

Obtaining a mortgage loan means dealing with a lot of paperwork, from the documents you have to submit to documents you have to read and sign. More often than not, you're dealing with terms and conditions on various mortgage types that may be so difficult to understand that you just want to pull out your hair. But not... Continue Reading »

Home Equity Loans: More Americans Are Making Payments on Time

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 »

Home Equity Line of Credit: Harder to Get, but Worth the Effort SPONSORSHIP

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 »

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