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Opening the tap on home equity (Austin American-Statesman)
Borrow before credit line is frozen, some suggest. Many homeowners who have taken out home equity lines of credit have learned in recent months that these loans are not as useful as they initially seemed.
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Fixed-rate trap snares 43,000 home owners (Sydney Morning Herald)
MORE than 40,000 unlucky people have been caught out in a fixed mortgage rate trap, having taken out their loan at the highest fixed interest rates in a decade, denied any saving from the recent cuts and confronting costly break fees if they decide to refinance.
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Daily Dose: Equity alternative (The Topeka Capital-Journal)
Roger Stirrett uses a home equity line of credit to improve his house and full-service hair salon in Topeka.
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The right time to tap into home equity to pay bills (ABC 2 Baltimore)
Our Smart Money expert, syndicated radio host Bruce Williams, weighs the good and the bad with tapping into home equity to pay other debts.
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Are you an idiot to keep paying your mortgage? (ABC 15 Phoenix)
Should you keep paying your mortgage? If you have significant equity in your home, absolutely. If you don't, it's getting harder to answer that question, especially when our government keeps giving people who owe more than their homes are worth so many reasons not to pay.
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Improve Your Credit Score (Forbes)
What you thought was a good FICO score could keep you locked out of getting a loan. Here's what to do.
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Fixed-rate trap snares home owners (Sydney Morning Herald)
More than 40,000 unlucky Aussies are being denied any saving from the recent interest rate cuts.
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Hurst man with cancer still fighting today's planned foreclosure of home (Fort Worth Star-Telegram)
A Hurst man with cancer has filed court papers trying to stop today's planned foreclosure of his home.
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Mortgage Brokers: Now Is Good Time To Refinance (NBC 17 Raleigh)
While most money matters aren't looking up right now, if you're looking to refinance your home, mortgage brokers said this is the time to do it. In the last few days, rates have fallen to just a little more than 5 percent, the lowest they've been in three years. It's also a good time to see if a no closing cost mortgage loan might work for you. It gives people the option to refinance or ...
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Mortgage Brokers: Now Is Good Time To Refinance (NBC 17 Raleigh)
While most money matters aren't looking up right now, if you're looking to refinance your home, mortgage brokers said this is the time to do it. In the last few days, rates have fallen to just over 5%, the lowest they've been in three years. It's also a good time to see if a no closing cost mortgage loan might work for you. It gives people the option to refinance or purchase a new home with ...
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