Mortgage and Real Estate News

3 Ways You Can Maximize Your Home Equity Loan
max-i-mize [verb] : 1. to increase to the greatest possible amount or degree
2. to represent at the highest possible estimate; magnify
3. to make the greatest or fullest use of.
Your home is your greatest asset, and you can maximize that asset by tapping into its equity with a [...]

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Around this time of year, it’s hard to ignore that little voice telling you to shower those you care about with love.  Even more confusing is figuring out how that voice seems to find its way from your heart to your wallet every year as you run up your bills trying to purchase items that [...]

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The equity in your home is a frequently overlooked asset and it is not typically the first option people consider when they need some cash.  Here are a few interesting figures about home equity loans to consider the next time you are seeking financing for various projects and purchases:
$1,019 Billion - The volume of home equity [...]

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Has the list of desired repairs and renovations become so long that it sends chills up your spine?  A few improvements may be exactly what you need this season, and with the recent rate cut, this may be a good time to open up that home equity line of credit to improve your home.  Here [...]

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Could using your home equity as your auto loan provide you with some extra gas money?  For many homeowners, the answer is yes.  Because many people frequently overlook this huge asset in which they reside, they end up spending thousands of dollars more in interest and finance charges.  However, using a home equity loan (HEL) [...]

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Use Your Home to Get Away: Home Equity Loans with Frequent Flyer Programs
Just because you’re paying off an unexpected expense by using a home equity loan or line of credit doesn’t necessarily mean that vacation needs be out of mind.  Many financial institutions partner up with airlines to offer customers a way to earn miles [...]

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Use Your Home to Send Your Child to Their Home Away from Home
We’ve all seen those stickers that proudly boast “University of Southern California Mom” or “Harvard Dad.”  What they should really say is “Pay to the Order of USC” or “Sending the Checks to Harvard University.”  If you’ve ever funded the college education of [...]

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Informa Research Services Says “Don’t Panic!”: What a Fed Rate Cut Could Mean for You
Rest assured, the world is not coming to an end because of a possible Federal Reserve discount rate cut.  On Tuesday, the Federal Open Market Committee will meet to discuss whether or not to lower the discount rate.  But despite the [...]

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3 Mistakes to Avoid When Applying for a Home Equity Loan
A home equity loan can be a great resource to homeowners who need some extra money to do a renovation project, pay for college tuition, or even make a large purchase. However, there are three mistakes that you as a homeowner might make that, if avoided, [...]

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Is a Home Equity Loan Right for You?
One major asset that many homeowners tend to overlook when seeking a way out of a financial hardship is right under their noses… or perhaps more accurately, right over their heads: their home.  Your home is an investment and there’s no reason it can’t yield valuable returns for [...]

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