Tappable home equity hit a record high, and interest rates are rising. Is a fixed-rate HELOC the...
MarketWatch· 2 months agoTappable home equity sits at a record high, according to data from Black Knight, which may make it...
What Is a Fixed-Rate HELOC?
SmartAsset via Yahoo Finance· 6 months agoA home equity line of credit, or HELOC, typically uses adjustable rates that depend on market trends. By understanding this type of financing, you’ll be...
How Much Debt Does Each Generation Have?
GOBankingRates via Yahoo Finance· 11 months agoThere are currently five generations that include adults, Gen Z to the silent generation. While we can identify some patterns in the way debt flows from...
Thinking about doing a home renovation project? Here are five ways to pay for it
USA TODAY via Yahoo Finance· 1 year agoDonald Olhausen Jr., a 34-year-old real estate flipper in San Diego, did a major home remodeling...
The prime rate just soared to its highest level since before the pandemic — here's everything you...
MoneyWise via Yahoo Finance· 2 months agoFor example, 30-year mortgage rates fell from December 2016 to December 2017 — even as the prime...
%%title%% · %%sitename%% What is a Secured Loan and How Do They Work?
Penny Hoarder via AOL· 2 months agoA secured loan is a type of loan backed by collateral that your lender can seize if you don’t make...
Home Equity Loan Prepayment Penalties
Investopedia· 2 months agoThis is especially important if you are planning on paying the loan back early. A second option is to take out a home equity line of credit (HELOC) rather ...
Most Parents Say They Might Use Retirement Savings to Pay for Kids' College—Here's What to Do...
Parents via Yahoo News· 11 months agoPaying for higher education can be daunting, but using retirement funds should be a parent's last...
Fed Interest-Rate Increases: Where to Borrow Money Now
The Wall Street Journal· 3 weeks agoThe Fed’s expected rate increase will make borrowing more expensive. If you need extra cash right...
3 Credit Secrets Millionaires Use as Leverage
Entrepreneur via Yahoo Finance· 7 months agoIn a savings account, it is recommended that you have at least $400, but the more the merrier. In addition to a personal checking and savings account,...