The difference between a credit card and a home equity line of credit lies in the use of the home as collateral. There are various reasons why people borrow money against their most valuable asset:
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Toll Brothers Revenue Grows, As More Units Are Sold
3763 ViewsToll Brothers Inc., a home building company based in Horsham Pennsylvania, announced a 29 percent increase in its quarterly revenue due to the sale
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Housing Market Projects Are Looking Brighter for the Spring
2823 ViewsUnemployment, the high cost of just about everything and bills piling up to the sky..We have been facing all these problems for awhile now. The
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US Construction Spending on a Record Rise Despite Sluggish Economy
1680 ViewsU.S construction data shows an unusual rise in spending despite the overall slowdown in the economy. Construction spending surged to an annual rate
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Varying Views of Economists on Falling Oil Prices for Home Construction
1330 ViewsFalling oil prices on housing has been one of the most controversial topics for economists. They view such idea from different perspectives. Some
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Third and largest insurance purchase by Freddie Mac to offset as much as $285 million of losses on a pool of US home loans.
115 ViewsIt’s a risk-sharing attempt that relies on regulators’ support. Freddie Mac made an email statement on the subject of the policies. These
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Record Low Mortgage Originations don’t hinder growth opportunities
69 ViewsAccording to a report released by the Black Knight Financial Services, the first two months of 2014 have been at the lowest level of mortgage
Read more ...US Construction Spending on a Record Rise Despite Sluggish Economy
1680 ViewsU.S construction data shows an unusual rise in spending despite the overall slowdown in the economy. Construction spending surged to an annual rate
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Citigroup accepts $1.13 Billion Agreement over Mortgage Securities
198 ViewsIn the attempt to control the liabilities related to the financial crash, Citigroup Inc. © accepted to settle claims from mortgage-bond investor:
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Weekly Mortgage Applications Suddenly Spike
68 ViewsReports of a massive spike in mortgage applications hit the market in spite of the slow progress of interest rates. Recorded data from the MBA
Read more ...Checking the Backyard of Your Finances – Too Many Credit Cards?
96 ViewsYour credit report spills out “secrets” you may have forgotten about, long ago. It could be an unpleasant surprise to discover a large number of
Read more ...The Purchase of New Vacation Home: A Rush Decision?
146 ViewsA great summer vacation often gives people the feeling that what they are missing is a dream summer house of their own. Last year had an
Read more ...Third and largest insurance purchase by Freddie Mac to offset as much as $285 million of losses on a pool of US home loans.
115 ViewsIt’s a risk-sharing attempt that relies on regulators’ support. Freddie Mac made an email statement on the subject of the policies. These
Read more ...