Beautify Your Backyard with Your Home’s Equity
It’s almost the fourth of July. The hot dogs will be sizzling and the watermelon will be juicy. But will your backyard be in shape so that your family and friends can enjoy them? If you’ve been thinking about starting a remodeling project – be it landscaping, installing a [...]
Entries from June 20th, 2007
Fix up your yard with home equity
June 20th, 2007 · No Comments · Home Equity Loans
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Home Equity Lines of Credit vs Credit Cards
June 19th, 2007 · No Comments · Home Equity Loans
Home Equity Lines of Credit vs. Credit Cards
While both sources of financing – home equity lines of credit and credit cards – are revolving, or open-ended, and therefore can be used for the same types of expenses, it is important to know the differences between them so you can use them as wisely as possible.
Similarities
The [...]
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Making a Large Down Payment
June 18th, 2007 · No Comments · Mortgages
Making a Large Down Payment – Is it Right For You?
Getting ready to buy a home? Applying for a mortgage? Trying to figure out how you will fund your down payment? You could use the money you so diligently saved with your Savings or Money Market Account to make a higher down payment. But do [...]
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Will Consumer Spending Increase as Mortgage Rates Continue to Fall
June 17th, 2007 · No Comments · Mortgages
Will Consumer Spending Increase as Mortgage Rates Continue to Fall?
The Federal Reserve continued to hold interest rates steady for the seventh straight consecutive time since June of 2006, remaining unchanged at 5.25%. The Fed’s decision means that the prime interest rate that commercial banks charge consumers for credit cards, home equity lines of credit, and [...]
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Time to Refinance Your Home Mortgage
June 15th, 2007 · No Comments · Mortgages
When is the Right Time to Refinance Your Home Mortgage?
While fixed mortgage interest rates have been holding relatively steady for the past year –averaging 6.38% APR, slightly down .38% from a year ago – some homeowners with higher adjustable rates are finding that now is a good time to refinance their mortgages. According to the [...]
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How to Pick the Right Real Estate Agent
June 14th, 2007 · No Comments · Mortgages
How to Pick the Right Real Estate Agent
Some of the most important decisions that you will make in your life are the ones associated with buying or selling a home. If you are a buyer, then you have to find the right neighborhood, the right home, and the right mortgage. If you are a seller, [...]
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Should You Pre-Pay Your Mortgage
June 10th, 2007 · No Comments · Mortgages
Should You Pre-Pay Your Mortgage?
As with most things in the financial world, the answer to this question is not a simple one. There is not one piece of advice that should be given to everyone. Instead, there are several factors that should be taken into consideration when deciding whether you should pre-pay your mortgage.
Why It’s [...]
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Is a Down Payment Holding You Back
June 8th, 2007 · No Comments · Mortgages
Is a Down Payment Holding You Back? It Shouldn’t.
Do you have your eye on that four bedroom house with a white picket fence and a bonus room? You’ve compared mortgage rates and monthly payments, and the only thing holding you back from buying your dream home (real estate) is the large down payment required? Well, here are [...]
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Shopping for a Home Equity Loan
June 6th, 2007 · No Comments · Home Equity Loans
Shopping for a Home Equity Loan
If you are planning a big project, and thinking about financing it by applying for a home equity loan, you need to take two preliminary steps. You first need to decide which type of home equity loan is right for you. After you have done this, you need to begin the [...]
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Wedding Bills with Home Equity
June 1st, 2007 · No Comments · Home Equity Loans
Financing the Big Bill for the Big Day
June is again upon us, and with it comes the beginning of the wedding season. The average amount of money spent on weddings has been increasing over the past several years, and CNNMoney.com reports that it has now reached $27,852.
If you’re planning a wedding, then you know how [...]
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