“Charge.”“Put it on my card.”“Here’s my plastic.”Every day, seemingly unlimited goods and services are paid for on credit. Credit has become a part of our everyday lives. Credit cards. Car loans. Mortgages. We are living in a world that is becoming more and more based on credit. For example, the total credit card debt of [...]
In most parts of the country, real estate values have fallen dramatically since the market high of mid 2006. For example in the Tampa Bay MSA, according to the S & P Case-Schiller Home Price Index, average home prices have fallen 39% between May 2006 and February 2009. In this case, if your home was [...]
If you are a homeowner considering a home equity loan, a second mortgage might be a better choice than a home equity line of credit. Second mortgages have several advantages in today’s economy. Here are the basics you need to make an informed decision regarding your home equity loan.Interest Rates Are On The RiseWhen you [...]
