After a period of near historic low interest rates, it was inevitable that rates would eventually rise. Leveraging your home’s equity is still a valuable resource, and gaining a better understanding of the difference between a home equity loan and a home equity line of credit may help you in deciding which solution is right for you.

Generally, the earlier you can pay off your student loans, the better off you'll be. You'll save interest and improve your debt-to-income ratio, a factor lenders consider when deciding whether to offer you credit, and your good payment record will be positively reflected in your credit history and credit score.

More and more lenders are offering home equity lines of credit. By using the equity in your home, you may qualify for a sizable amount of credit, available for use when and how you please, at an interest rate that

As you welcome the new year, you’re probably not thinking about the many ways that life could take a turn for the worse. But it could. An illness, a natural disaster, or an unexpected financial setback are only some of

Originally published in the Daily Record, June 6, 2010 Hindsight, per usual, is 20 20, but in looking back on the subprime mortgage crisis, and resulting recession, we really should have seen this one coming. Why? Because there is no

Now that the Federal Reserve has cut interest rates significantly, many banks have reduced their prime lending rates. This in turn has reduced rates on some consumer and home equity loans.