Home Equity Rates » take

Take two doses of reality and call me after the crash

Wed, 23 Mar 2011 06:20:44 +0000

www.FutureMoneyTrends.com The Fundamentals haven’t changed Inflation is running around 12%, the fed funds rate is 2% and the highly inflationary bail outs continue. Consumers continue to survive off of credit cards and default on all lines of credit at alarming rates. Home equity lines are now being defaulted on at a two decade high. The fundamentals for gold and oil are great and fully in tact. The Federal Reserve is pumping inflation into Main Street and performing magic tricks for wall street. Buying gold is like buying economic fire insurance in a time when you can already see the smoke. August 8, 2007 — August 8, 2008 Dow down -11% SP down -10% Silver up 15% Gold up 30% Oil up 58% MERK HARD CURRENCY FUND (MERKX) fund 17% Check out the last four www.goldmoney.com articles on the front page. Manipulation stories, articles, and explanations. www.GATA.org Main Street collapsing http It should be noted that I am not a financial planner. The returns showed on the video are from a regular stock account and not my options account.

North Iowans rushing to take advantage of low mortgage refinancing rates

Tue, 10 Aug 2010 06:21:55 +0000

North Iowans rushing to take advantage of low mortgage refinancing rates
Cheryl Kurtzleben didn’tthink she would ever see lower interest rates on home loans thanshe did last summer.

Refinancing vs Home equity Loans once you take the house of the market?

Tue, 08 Jun 2010 06:21:38 +0000

Taking the house off the market we are not eligible to refinance because of the rules by the government How can we do a home equity loan and where can I find the current fixed rates? Thank you

Do you need good credit to take out a home equity loan? Will bad credit affect chances of being considered?

Thu, 13 May 2010 06:18:54 +0000

My credit is poor but I have probably $80k in equity in my home. Will a bank refuse to approve a home equity loan because of bad credit?

I was wondering: why not take a home equity to pay off mortgage?

Fri, 30 Apr 2010 06:24:32 +0000

We have a $200,000 mortgage on a house that is worth $300,000.
I was thinking about refinancing, but noticed that a home equity line has a lower interest rates APR.
If I take the equity line and pull out the full amount they will give me (the bank told me it is up to 80% of the value of the house) and turn around and pay off the mortgage, wouldn’t that be cheaper for me ?
Where is the caviot in this theory?

Is it wise to take money out of a 401k to pay off a home equity line of credit. I am 5 years within retirement

Fri, 09 Apr 2010 06:18:51 +0000

I have been paying on this line of credit for 3 years and becasue it has a flexible interest rate although I pay extra because the interest rates continue to rise most of the payment is almost all interest. I need help getting out of this mess but I also need to put as much money in the 401k as I can because that is not where it should be either. If I do take a inservice withdrawal I will not be able to contribute for 6 months. This means i will lose the interest on the money I take out and on the money I cannot contribute for six months. I will lose my employers 5 percent matching and the tax advantages. What do I do? I plan to retire within the next 3 to 5 years. This is such a mess. I cannot take a loan out because I did so to payoff credit cards and I can only have one outstanding loan at a time. I feel so trapped! The home equity line of credit balance is 13000 dollars.

Paid off investment home. Can I take a 1st mortgage on that property or must I go with a home equity loan?

Thu, 11 Mar 2010 06:27:13 +0000

My brother and I need cash for a business venture and would like to take a loan out against an residential investment property that we co-own free and clear. Is our only option a Home Equity Loan? Ideally we would like to take advantage of the lower rates of a standard mortgage.

How Soon Can I Take Out a Home Equity Loan or Refinance After a Cash Purchase of a Foreclosure?

Thu, 11 Mar 2010 06:19:49 +0000

The house is only 10k. So if I pay 10k cash, how fast can I do a home equity loan for that 10k? I need to make repairs as it is a foreclosure in poor condition. Can I do a refinance loan and get more than I even paid for it if it appraises higher than 10k, which it will? Thanks for any help

Is this a bad time to take out a home equity loan?

Fri, 26 Feb 2010 06:22:38 +0000

From ketc’s Facing the Mortgage Crisis special on July 15, 2008: Is this a bad time to be taking out an equity line of credit? Yes, it is not a good idea to borrow against your house. There are various circumstances where you might want to get a small loan to do repairs, but with the current economic situation, be cautious before doing so.

Should I take a home equity loan to pay off the 17,000 in medical bills I have?

Wed, 17 Feb 2010 06:20:56 +0000

I got these medical bills from a recent surgery and its causing a huge financial strain on me. I make enough to live comfortably, but not enough to live comfortably and pay this incredible amount of money every month. I am just wondering, since interest rates are so low right now, is it the right time to take out a home equity loan?