How much can you afford to borrow?

Tina Croteau, loan officer at Norway Savings Bank, offers some helpful advice on how to determine how much you can afford to borrow for a new home.

Rob Carrick’s Reader: Don’t tell me your want to borrow money

Rob Carrick’s Reader: Don’t tell me your want to borrow money Rob Carrick rounds up the best in personal finance reading on the Web Read more on The Globe and Mail

Don’t Borrow Against Your Tax Refund

It’s becoming more popular for people to pay to get their tax refund quick. Other options, like a home equity line, make much more financial sense.

4 good reasons to borrow from your 401(k)

4 good reasons to borrow from your 401(k) Sometimes it makes sense to tap your retirement account. Be sure to understand the tradeoffs. Read more on Bankrate.com via Yahoo! Finance

Home Equity Loan Online: Borrow Money Easily

It is quite natural that while using the house as collateral for the loan, the first and foremost thought that comes to our mind is to secure it from the lenders. Succeeding that, our secondary concern is to derive maximum benefits from lenders. Thus, it is now possible to derive various benefits in a particular [...]

when you borrow from your home equity line, how does the payment system work versus a typical loan?

my wonderful parents are lending me money to buy a new car, and they plan on borrowing the money from our home equity line. they said the interest rate is much lower, but my mom wasnt sure if they charged interest every year like a normal car loan or if it was ultimately much cheaper. [...]

Is it better to borrow against home equity when you still have a first mortgage?

Our house will be paid off next year. We have some major home improvements to do in the near future. Will borrowing costs be more if we borrow against the equity after the first mortgage is paid off, or does it matter?