News

HELOCs rose dramatically this week, topping 8%, though still holding close to their lowest level in two years. Meanwhile, the ...
A no doc HELOC, or no-documentation home equity line of credit, allows homeowners with nontraditional income to access their ...
Converting your home equity to cash can be a daunting prospect. Here is some background on the options and what to keep in ...
A HELOC can help consolidate high-interest debt, but you'll need a plan to repay the principal. You can use a HELOC to pay ...
There are some common misconceptions about Home Equity Loans, but they can actually be a good cost-effective borrowing option. Dave Nellis, with America First Credit Union, explained that home ...
If you need a bridge to cover a temporary financial setback — like a medical bill — and you know there’s an end in sight, a HELOC might work for you. But if paying your bills is a consistent ...
But home equity borrowing rates won't always be falling. While these are positive trends for existing HELOC holders and new borrowers right now, the tides could turn, and HELOCs' changing rates ...
These lower rates have benefitted new borrowers and existing HELOC holders alike — allowing both to reduce their interest and monthly payments with every dip that occurs. But as the old adage ...
Arc Home, a New Jersey-based mortgage lender and servicer specializing in Non-QM and non-agency loans, has named Lee Malone vice president of HELOC (home equity line of credit) for its fully digitized ...
An alternative — if you have sufficient home equity — is to take out a home equity line of credit (HELOC) on your current home and use that credit to purchase the condo. This way, you don’t ...
Outliving their money is the top financial concern for many retirees -- and Jim Carrey is proof that even the wealthy can ...
Shopping around for a HELOC can help you score the best interest rate along with more competitive terms. A variety of factors ...