Home | Ask Your Question | Mortgage Glossary |Free Credit Report | Mortgage Calculator |
|
|||||||||||||||||||||||
Mortgage Professor about heloc rates: | |||||||||||||||||||||||
What Is a HELOC?
October 20, 2003 "I have been advised to refinance with a HELOC rather than with a standard mortgage. Could you explain the difference, and why one might be better than the other?" HELOC stands for home equity line of credit, or simply "home equity line." It ... more... Interest-Only Mortgage Tutorial Here is what you will learn in this tutorial: 1. What is an interest-only mortgage? 2. For what types of borrowers is it suitable? 3. What are the hazards you should watch out for? 4. What information do you need to assess an IO mortgage? 5. How ... more... |
|||||||||||||||||||||||
heloc rates related definitions |
|||||||||||||||||||||||
Variable Rate Mortgage
Variable Rate Mortgage The variable rate mortgage, affectionately know as Adjusatuble rate mortgage or ARM is a mortgage with a rate that will adjust over time. You may be familiar with the term three year ARM, or five-year ARM. ... more... Prime Rate Prime Rate In North American banking, the prime rate is the interest rate a banks charge to their best or "prime" customers. Each bank will quote a prime lending rate. Many institutions quote prime rates established by large money center commercial banks such as ... more... |
|||||||||||||||||||||||
More about heloc rates Second Mortgage a Good First Step Self Employed Loans For People Working For Themselves When Your Bills Are Piling Up Here Are 6 Different Ways to Consolidate Investing in Real Estate Profitably: Eliminating the Need for Mortgage Insurance How To Be the Ultimate American Consumer Debt Consolidation Loans for Unemployed - Preparing for an End to Debts Debt Consolidation Loan For A Home Owner - 3 Things To Consider 5 Ways to Use Your Home Equity Line of Credit What Are Home Equity Loans? Ask the Expert: When Do I Refinance My Home?
|
|
||||||||||||||||||||||
|