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Using the Equity in Your Home Wisely

Using the Equity in Your Home Wisely

Home Equity

Fortunately, using home equity wisely just takes a bit of good financial sense.

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Understanding Home Equity

Understanding Home Equity

Home Equity

One of the great benefits of owning a home is that as you pay off your mortgage loan you build up equity.

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The Tax Advantages of Home Equity

The Tax Advantages of Home Equity

Home Equity

There is one advantage to owning a home that renters will never enjoy: the tax breaks that come with paying off a mortgage loan.

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Home Equity Loans vs Lines of Credit

Home Equity Loans vs Lines of Credit

Home Equity

You can access your home's equity in one of two ways, through a home equity loan or a home equity line of credit.

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Underwater Homeowners and Refinancing

Underwater Homeowners and Refinancing

Refinancing

Don't give up hope, however. You might, thanks to government programs, be able to refinance your home loan even if you are underwater.

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Is it the right time to refinance your home?

Is it the right time to refinance your home?

Refinancing

Depending on when you purchased your home and the rate you have on your current mortgage, the time might be right to refinance into a new mortgage.

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Should you refinance into a shorter term mortgage?

Should you refinance into a shorter term mortgage?

Refinancing

If rates are low enough, you'll be able to save this money without having to pay a monthly mortgage payment that's too high for your budget.

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Cash-Out Refinancing or a Home Equity Loan?

Cash-Out Refinancing or a Home Equity Loan?

Refinancing

Which of these two options is best for you? As always, it depends on your personal financial situation and your goals.

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Buying Down an Interest Rate with Points

Buying Down an Interest Rate with Points

Mortgage

As a savvy consumer, you should always be looking for ways to shave some money from your monthly budget.

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Closing on a Home

Closing on a Home

Mortgage

A mortgage is the largest loan that most consumers will take on during their lifetimes.

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Understanding Mortgages

Understanding Mortgages

Mortgage

A mortgage is the largest loan that most consumers will take on during their lifetimes.

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Fixed Rate vs Adjustable Rate Mortgages

Fixed Rate vs Adjustable Rate Mortgages

Mortgage

The right loan for you depends upon a wide range of factors, everything from how low or high average mortgage rates are when you are ready to apply for…

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15-Year vs 30-Year Mortgages

15-Year vs 30-Year Mortgages

Mortgage

How do you determine which mortgage term is best for you and your family?

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Qualifying for a Mortgage

Qualifying for a Mortgage

Mortgage

What lenders look at when determining whether you are worthy of a mortgage loan.

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Finding the Right Home

Finding the Right Home

Buying a Home

Make sure that you buy a home that's right for you and your family.

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Home Affordability

Home Affordability

Buying a Home

Before you buy a home, you want to make sure that you can afford the monthly mortgage payment.

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Additional Financial Home Buying Obligations

Additional Financial Home Buying Obligations

Buying a Home

Have you factored in all of the costs of owning a home?

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Understanding Housing and Debt Ratios

Understanding Housing and Debt Ratios

Buying a Home

Avoid taking out a home loan that will put you in a precarious financial situation.

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