Why the Reverse Mortgage Isn’t Going Away

Why the Reverse Mortgage Isn’t Going Away Reverse mortgages may not be the best income-producing products for retirees, but they may become necessary last resorts. Read more on New York Times

American Businesses and Consumers are NOT Deleveraging … They Are Going On One Last Binge

American Businesses and Consumers are NOT Deleveraging … They Are Going On One Last Binge → Was hington’s Blog Everyone knows that the American consumer is deleveraging … living more frugally, and paying down debt. Right? Well, actually, as CNBC’s Diana Olick pointed out in April, many consumers are stopping their mortgage payments, and then [...]

Television retailer Ken Crane’s going out of business

Television retailer Ken Crane’s going out of business Ken Crane’s, the Hawthorne-based seller of high-definition televisions, said Friday it will liquidate all its merchandise and go out of business within 60 days. Read more on Daily Breeze

I am going to loan my business money from a personal home equity line. What interest rate do I repay myself?

Just the 3.25 rate of the loan, or do I have to repay myself at a certain interest rate?

Why is the home equity loan rate going up while mortgage rate is going down?

For at least the last couple days? is there chance home equity loan rate goes down?