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
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
2820 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
1671 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
1326 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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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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Major Drop in the Rate of Unemployment – is it too good to be true?
52 ViewsThe US employment data for June have exceeded expectations, and the news has been released on a “Jobs Thursday”, in anticipation to the
Read more ...Checking the Backyard of Your Finances – Too Many Credit Cards?
95 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 Jobs Report and the Rise of U.S. Mortgage Rates
121 ViewsWhile all the market players were keeping their fingers crossed for the jobs report, U.S. mortgage rates rose. The increase occurred based on the
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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
173 ViewsLoan Requirements for Credit Card Consolidation A few basic concepts and aspects need to be clear before you attempt consolidation for credit card
Read more ...Buying a house that is NOT for SALE!
109 ViewsUnsolicited offers on your home: how would you respond to that? Buying your dream house may not be piece of cake at all, particularly when you're
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Disaster Areas – Home Loans and Appraisals
151 ViewsQuestion: What are the documentation requirements after the appraisal is completed for a subject property situated in a disaster
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