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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A Possible Second Housing Bubble – an Unknown Risk Raising Concern
71 Views
A study released by TransUnion on Thursday shows that the fear of a second housing bubble is
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Are you eligible for a refinance?
5148 ViewsWhy refinance may be a good choice for you! Refinance to reduce the loan life. A 30-year long
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Interest-Only Loans
40 ViewsAn interest-only mortgage allows the borrower to pay only the interest rate, for a preset period of
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Toll Brothers Revenue Grows, As More Units Are Sold
3762 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
1679 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
1329 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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Mortgages and Discriminations – Green is the only color that should matter!
27 ViewsAlthough everybody’s money looks green, there are lots of voices that make accusations of discrimination in mortgage approval. The starting
Read more ...Why is credit score important?
69 ViewsWhy can some people get a loan easily and others don't? This is a big question given the fact that lots of people are rejected or sold loans on very
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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.
114 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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Big Rise in Sales of US Existing Homes
145 ViewsThe home sales figures in May point to the biggest rise in four years for previously owned US homes. After a slow start at the beginning of the year,
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Mortgage realities beyond loan calculations
39 ViewsThere is more than simple Math to purchasing a home! The mortgage calculator is the first tool that potential home buyers use before applying for
Read more ...Home Prices Enter Moderate Trend
32 ViewsAfter last year’s sharp gains, the increase of US home prices seems to be slowing down, according to the results reported by major real estate
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Modifications in mortgage interest deductions to stimulate homeownership!
203 ViewsIndustries that employ middle-class workers promote homeownership thanks to the mortgage interest tax deduction. There is also broad public support
Read more ...Credit Card Debt Consolidation – The Basics
174 ViewsLoan Requirements for Credit Card Consolidation A few basic concepts and aspects need to be clear before you attempt consolidation for credit card
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