Mortgage Off Pay Refinance Second
Seven Reasons To Reject The So-Called "Affordable Housing" Bond
The proposed "affordable housing" bond would increase your property taxes for 20 years in order to repay, with interest, a $1 billion bond. You should vote against it, and tell your friends to do the same, for seven reasons: 1. It's Robin Hood In Reverse Should you be taxed to help someone who earns more money than you buy a home? If this bond passes, your money could be given to people with six-figure incomes to help them buy homes! Do you make a six-figure income? ... .
Related Mortgage Off Pay Refinance Second links
A few options to lower costs of home equity line of credit
Lots of consumers have watched the rates double on their home equity lines of credit in two years.
Say you took out a credit line at the prime rate two years ago and borrowed $30,000 against it.
Back then, you faced a monthly payment of $100. Now that same loan at the prime rate costs $206 per month.
That's even more dramatic than the rise in gasoline prices.
If you have a home equity line of credit, or HELOC, you have at least five options:
Keep the credit line and pay down the balance.
Dennis Grundler of Henderson, Nev., manages his debts like a corporate chief financial officer, always seeking the best deal.
Not counting his mortgage, he has about $67,000 in debts, spread on various credit cards with low introductory rates.
Related Mortgage Off Pay Refinance Second links
Mortgage Off Pay Refinance Second Link Partners and Resources