Tag: rates

Another Bubble?

money - ag

Another bubble? Remember the Y2K non-event? Since then we’ve had the dot com bubble, the housing bubble and the stock market bubble. Now, there’s even talk of a bond bubble (and that’s not the next 007 flick). Stated simply, the “market value” of your bond holdings can drop if interest [...]

How a Home Equity Credit Line Works

heloc-jb

A home equity credit line, often called a HECL or HELOC, is a revolving line of credit that is secured by a lien placed against your home. Often, customers ask how a HECL differs from its sister, the home equity loan. When you get a HECL, you are approved to [...]

Should You Refinance Your Mortgage?

home-loan

We have certainly been bombarded with bad economic news for some time. Starting with, real estate woes, then recession, unemployment, bailouts and the like. Bad news of course, erodes consumer’s confidence, and when consumers stop spending the effects are sure to be felt in the stock market.  That, coupled with [...]

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