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What to know about HELOC prepayment penalties
Bankrate via AOL· 4 days agoDuring the draw period: The draw period of a HELOC is the time during which you can borrow from your credit line. It typically lasts between five to 10...
Biggest winners and losers from the Fed’s interest rate decision
Bankrate via AOL· 3 days agoFor example, if you took out an adjustable-rate mortgage years ago, that loan may be resetting at...
Consumers Don't Understand Home Equity Benefits
National Mortgage Professional· 5 days agoFintech provider, FirstClose, released its findings from a new national consumer survey that measured homeowners' level of awareness of home equity and ...
How to get rid of PMI and lower your mortgage payments
Yahoo Personal Finance· 4 days agoPMI goes away automatically once you have 22% equity in your home or you’re halfway through your...
5 smart alternatives to debt consolidation loans
CBS News· 2 days agoIf you owe money on your credit cards, you may be looking for solutions to get rid of that high-interest debt. A debt management plan is a formal...
Fed keeps interest rates at 23-year high, delaying cuts as inflation progress stalls
Bankrate via Yahoo Finance· 3 days agoIf you have to borrow in today’s high-rate environment, compare offers from multiple lenders before...
Teraverde CEO Jim Deitch on finding ways to monetize home equity - HousingWire
HousingWire· 2 days agoThe traditional approach fo many LOs won’t cut it in this environment, Deitch said. You can’t go:...
How the Fed affects credit cards
Bankrate via AOL· 4 days agoYou might also consider taking out a personal loan to pay off your credit card if that offers a better deal for you. Home< ...
5 Reasons To Take Equity Out of a Paid-Off House If You Need Money
GoBankingRates via AOL· 4 days agoPaying off a home often comes with a big breath of relief, as you no longer have to make mortgage...
How to Get a Home Loan When You're a Single Parent
US News & World Report· 5 days agoThere are a variety of home loans available for single parents, and many come with flexible credit and down payment options. Single parents may be able ...