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equity home loan refinancing utah News

Home Equity Lines Of Credit: The Next Looming Disaster?

In a previous REAL ESTATE CHANNEL article , I discussed the madness of borrowing through home equity lines of credit (HELOC) during the bubble years. Now is a good time to take an in-depth look at these second liens and the dangers they pose for the housing market and the large banks.

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LendingTree.com Weekly Mortgage Rate Pulse Reveals Average Rates Fall to 4.45 Percent

CHARLOTTE, N.C., Aug. 25 /PRNewswire/ -- Average mortgage rates fell this week, according to the LendingTree Weekly Mortgage Rate Pulse, a snapshot of the lowest and average mortgage rates available within the LendingTree network of lenders. On August 24, lenders on the LendingTree network offered mortgage rates as low as 4.0 percent (4.13% APR) for a 30-year fixed mortgage, 3.5 percent (3.74 ...

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'Vultures' Save Troubled Homeowners

As the nation struggles with the foreclosure crisis, certain investment funds are emerging as the best hope for the roughly seven million U.S. households behind on their mortgage payments.

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