Home equity loans come with appealing tax benefits. But do they apply when using the funds to buy a second home?
Any capital markets person will tell you, “What’s a surefire way to double your money in a casino? Fold it in half and put it back in your pocket.” I am in Las Vegas for First Colony’s Loan Officer ...
Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home ...
During his remarks following the Jan. 29 policy meeting, Fed Chair Jerome Powell said officials are not in a hurry to lower interest rates and that the central bank is waiting to see if inflation ...
I joined a support group for procrastinators. We haven't met yet.” Lenders and vendors are certainly meeting here in Austin. What’s going on out there? There’s endurance. Congratulations to my son ...
You could lose your home if you fail to repay your loan, but there are steps to take that can avoid that scenario.
Experts recommend keeping HELOC borrowing small and short-term to avoid higher payments from rising rates. Consider ...
An acceleration clause is a provision in a mortgage that allows the lender to require the full repayment of the loan early.
Major banks have begun increasing mortgage rates in response to renewed economic uncertainty. From tomorrow, Santander is upping rates aimed at home buyers and those remortgaging by up to 0.34 ...
New second charge mortgage agreements came in at 3,103 in the month, up 17% from a year ago. Over the three months to November, new business loans came in at £476m, up 35% from a year ago, while 9,686 ...
Cheaper HELOC rates dovetail with another housing trend, says Joe Zeibert, vice president of Mortgage and Capital Markets at FICO: More homeowners are choosing to stay in their current homes and ...
A HELOC will generally be better for more homeowners in 2025 for a simple reason: it doesn't come with the same age restrictions that a reverse mortgage does. But that's not the only reason why it ...