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The house needs a new roof, you'd love to finish that playroom for the kids, and the family is clamoring for a decent vacation. Looks like a home equity loan is just what the financial doctor ordered!
Wait. Are you sure you're getting the most cost-effective, competitive...
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An increase in quick-qualifier equity loans, low- and no-down payment purchase loans and generally easier mortgage money is draining America's home equity and younger, less experienced home owners are most vulnerable.
Experts blame a lack of education and they say...
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Despite unprecedented economic prosperity, the average amount of equity owners have in their homes has declined over the last 10 years, according to a new report.
The fall off isn't much, only about $1,500, from $91,000 in 1989 to $89,500 last year. But it has the Consumer...
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Another study about the increasing incidence of equity borrowing habits among home owners should be a red flag not to equity drain your home dry.
Sixty percent of domestic banks reported that between 10 percent and 30 percent of their customers increased their outstanding...
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An increasing number of home owners are boosting their mortgage balance at a time when it could be more financially prudent to reduce debt.
Freddie Mac says 63 percent of borrowers who refinanced single-family mortgages during the third quarter of 2001 increased their loan...
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You're purchasing a new home and wonder how you can build equity quicker than you have in the past. The answer could be a shorter-term mortgage.
More and more buyers realize that it makes little sense, especially in the era of affordable interest rates, to take on a...
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