PFBlog logo

My Personal Finance Journey

Personal finance observation, musing and decisions in a journey toward financial independence by 36 with at least $1 million.

  Home | Feed: feed-icon.gif | About | Progress: June 07: $756,924 | Best of PFBlog | Product Reviews | PFBlog Digest | Disclaimer | Advertise | Contact Me

...

5 Ways for Smart HELOC Usage





Home equity line of credit is a great tool.

From Bankrate:

• Keep the credit line and pay down the balance.
• Keep the credit line and grin and bear the higher interest rate.
• Pay off the line of credit with a fixed-rate home equity loan.
• Get a hybrid credit line with a fixed-rate option.
• Pay off the credit line by doing a cash-out refinance of the primary mortgage.

What do you think of this post? Be the first to share your opinions.

Enjoy the latest personal finance news and commentary at PFBlog Network.
Similar Posts

FICO Expansion Score And How It Will Affect You (September 10, 2006)
By looking at alternative information like banking records and utility payments, Fair Isaac is creating a new scoring system to assess the risks of potential borrowers without a lengthy credit history. This comprehensive Bankrate article also discussed similar scoring systems like Payment Reporting Builds Credit ...
Should You Refinance Your ARM or Not? (September 8, 2006)
WSJ's Real Estate Journal explores whether one should refinance an outstanding ARM loan to a fixed rate mortgage. What do you think?
Should You Try Option ARM? (September 8, 2006)
Option ARM is inherently dangerous, but if you are the right candidate, this can be a great financial tool for you.
30-Year Mortgage Rate Rebounds (September 8, 2006)
USA Today reports that the rate on 30-year fixed rate mortgage is creeping up after declining for six straight weeks.

Comments
Add Your Comments









Remember personal information?








Read More ... All Other Posts In The Same Category

PREMIUM SPONSORS

Car Loans
Dallas Bankruptcy Attorney
Personal Loans
Car Finance
Homeowner Loans
Cheap Car Insurance
Mortgages UK & CCJ Mortgage
Used Cars
Loans
Commercial Mortgages and Business Loans
Guaranteed Car Finance
Payday Loan
Personal Loan
Student Loan Consolidation.com
Secured Loans
Bad Credit Loans - Free Quote