Fixed Home Equity Loan 101

Even though it is a given fact that a home equity loan is an inexpensive way for one to borrow cash, it is still for the very best that one will only have to choose between the home equity loans that offer the best interest rate and term. One type of loan that offers such [...]

Fixed Rate Home Equity Loan Allows a Borrower a Specific Budget

There are pros and cons when it comes to fixed rate home equity loans. However, in a strict credit crisis with extremely low interest rates, a fixed rate home equity loan is the best choice. The reasons are as the prime rate index goes up, so does the rate on your fixed home loan plus [...]

I’ve a fixed mortgage at 6%, bal due 115k & var rate home equity, bal due is 36k. Time to combine & re-fi?

Is it better to keep an adjustable rate at 9% home equity loan vs. a fixed rate at 6% ?

The adjustable rate has been as low as 5%, the plan we have can have the loan paid off in 3.5 years. Would it be beneficial to change to a fixed rate at 6% now, because of closing costs and fees?

fixed or variable rate home equity 2.5% difference?

I have a fixed rate home equity line of credit on 64,000. With the lower rate on variable. Is it worth switching over? The fixed rate is at 7.3% and the variable rate is at 4.8%. I would save around $133 a month. I would [...]

Money Management & Personal Finance : About Fixed Home Equity Loans

Fixed home equity loans are loans with a fixed rate of interest, as opposed to variable interest rate loans. Find a fixed home equity loan with the lowest possible interest rate usingadvice from a registered financial consultant in this free video on home equity loans. Expert: Patrick Munro Contact: www.northstarnavigator.com Bio: Patrick Munro is a [...]

Is it smart to keep my home equity line as my primary mortgage or refinance to a 30 yr fixed?

The interest rate is 3.49% on the home equity line. Will this be going up soon? I just worry that it might go really high sometime.
The rate is tied to the wall street prime rate. Prime – 1/4%

Mortgage Rates Decline; Current 30-Year Fixed Rate is 4.84%

Mortgage Rates Decline; Current 30-Year Fixed Rate is 4.84%
RISMEDIA, February 25, 2010—The 30-year fixed mortgage rate on Zillow Mortgage Marketplace is currently 4.84%, up five basis points from 4.79% compared to this same time last week. The 30-year fixed mortgage peaked over the weekend at 4.95%–the highest rates have…
Read more on RISMedia Real Estate News

I have a home equity line of credit open on my rental property…can I get a fixed rate?

I used to live in this house but now it’s a rental, I currently have a $32,000 line of credit at an adjustable rate, can I refi and get a good fixed rate or would I pay more because it’s a rental now?

Can a fixed home equity loan drop my credit score?

I requested $10,000 dollar home equity loan to roof my house.
My FICO score was 780 until approx March when I applied for a home equity loan at a fixed rate. Now my FICO score is 740. What happened? I am never late on any payments. I pay over the minimum amount [...]

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