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Pros and cons of a cash-out refinance
Bankrate via AOL· 3 days agoWhat is a cash-out refinance? In a cash-out refinance, you replace your existing mortgage with a new loan for a larger amount. This new loan pays off the...
What is an unsecured loan?
Bankrate via AOL· 2 days agoSecured loans differ from unsecured loans in that secured loans always require collateral. The lender won’t approve a secured loan if a borrower doesn’t...
Justice Department sues Ticketmaster and owner
Richmond Times-Dispatch· 1 day agoWASHINGTON — The Justice Department sued Ticketmaster and its parent company Thursday, accusing them of running an illegal monopoly over live events in...
This Was the Average HELOC Balance in 2023 -- and Why It's a Bit Alarming
The Motley Fool· 5 days agoIf you have enough equity in your home, you may be able to borrow against it via a home equity loan
This Was the Average HELOC Balance in 2023 -- and Why It's a Bit Alarming
The Motley Fool via AOL· 5 days agoIf you have enough equity in your home, you may be able to borrow against it via a home equity loan
A Lender to Consumer Start-Ups Falters, Rattling Its Clients
New York Times· 15 hours agoA popular lender backed by venture capital firms is struggling financially, sending shock waves...
Today's mortgage rates hold steady for 30-year terms | May 21, 2024
FOX Business· 3 days agoThe interest rate on a 30-year fixed-rate mortgage is 6.875% as of May 21, which is unchanged from...
Are second mortgages about to make a comeback? Freddie Mac has a new proposal
Moneywise via Yahoo Finance· 3 days agoIt has proposed the purchase of single-family closed-end second mortgages from lenders. It says it...
Zombie Mortgages: It’s the Time of the Season When Debt Gets High. | JD Supra
JD Supra· 17 hours agoThe danger of these critters is the bite they can take out of your home equity. If we role the clock back to 2007 Americans were furiously buying homes ...
Why equity-tapping challenges may make reverse mortgages ‘inevitable’
HousingWire via Yahoo Finance· 3 days ago“With this product, eligible people 62 and older can extract equity in a variety of ways, say...