Home Equity Line of Credit Do Rising Interest Rates Spell Trouble?
A home equity line of credit is one of the most useful tools that a homeowner can have in his or her financial arsenal. A line of credit is a financial tool that is always there, allowing a homeowner to borrow money when needed for such emergencies as job loss or illness. It also comes in handy ... more...

Quality Recovery and Rework - When It All Goes Wrong
When Quality is the Target, but not the Result, what do you do?While Quality may be the overarching goal of all production, stuff happens, resulting in non-conforming parts. This results in failure verification, rework, recalls, sorting, kitting, retest, relabeling and pipeline management, which ... more...

Mortgage Loan Basics: Interest Only Loans, Pay Option ARM
Mortgage Loan BasicsTo understand loans and mortgages we need to understand loan limits first. If your loan amount exceeds the amount below, you will qualify for a Jumbo Loan, which carries higher interest rate.One-Family (single family homes) $417,000 Two-Family(duplex) $533,850 Three-Family ... more...

Mortgage loans: Are 'No Cost Loans' Really at No Cost?
Buyers are often tempted to jump into refinancing their home loan in order to save a half (or quarter) percent on their existing mortgage. Unfortunately, those "no cost" loans are rarely "no cost". Here are a few tips to help make sure your home loan is a true no cost loan.Verify how the lender ... more...

Mortgages for Dummies: Option Adjustable Rate Mortgages
Housing prices are at record highs. This has made purchasing a new home a very expensive proposition. In response to this mortgage lenders began offering products with lower monthly payments; this allowed people to qualify for larger loan amounts.The problem with these new loans is that they come ... more...

Mortgage Loan Options Going Exotic
In the past, a person had limited options when borrowing money for a home purchase. These days, there are exotic mortgage loan options that satisfy just about every borrowing need.Creative MortgagesGetting a loan for a home purchase can be very stressful. What if you dont qualify? How humiliated ... more...

Debt Consolidation Loan and Consolidation Loans
Debt consolidation loan services act as a third party intermediary to assist you in negotiating lower interest fees and monthly payments with your unsecured debt holders. If you are falling behind on your monthly payments, as many consumers are, you can quickly build up late fees and over limit ... more...

Understanding Workplace Violence and What You Can Do
Women face a greater likelihood of encountering workplace violence than men.Workplace violence victim: Anyone who has been injured, harmed, or who has suffered in some way due to acts of another while on the job or due to job related factors.Victims are not only those who are the direct targets of ... more...

Balloon Or Reset Mortgage Loans - Understanding The Basics
A balloon mortgage, also called a reset mortgage, offers lower interest rates with the option in 5 or 7 years to pay off the balance or resent the loan. Considered more risky than an ARM since interest rates can jump significantly, it is a valid option for those expecting to move or interest rates ... more...