Tapping a HELOC to reduce a debt load sometimes involves risk, says Dr. Don Taylor. read more »
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Borrowers may lament a HELOC freeze, but lenders are just protecting themselves, says Dr. Don Taylor. read more »
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Bankrate explores the pros and cons of popular loan products to help take the guesswork out of borrowing money. read more »
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Learn about the forces that drive rates on several different types of loans in this tough lending environment. read more »
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Late payments are costly for borrowers with simple-interest loans, says Dr. Don Taylor. read more »
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Consumers who don't really need the money have no trouble getting loans, says money expert Chris Farrell. read more »
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More people know what kind of mortgage they have than last year, but more also worry about making home payments. read more »
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Some loans are bad by design. But other loans can turn into bad deals if consumers follow these strategies. read more »
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If you follow these rules, you will likely lead a fiscally solvent lifestyle that will keep you out of trouble. read more »
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Try not to get caught in a shark feeding frenzy as you look for an escape to safety. read more »
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Before you use retirement assets to save your home from foreclosure, consider you could be making an irreparable dent in your retirement assets. read more »
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Don't overlook the points you paid to get a lower mortgage rate. They can be a useful tax break. read more »
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A home appraisal may convince a lender to reverse a home equity freeze, says Dr. Don Taylor. read more »
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Under some circumstances, freezing a HELOC might not change the score much; under others, the credit score can tumble enough to derail one's financial plans. read more »
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A home equity line of credit does not remain interest-only forever, says Dr. Don Taylor. read more »
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