Refinance Topics
The On-Topic Netowork

Refinance > Home Equity Loan

The following information is about Home Equity Loan.

Home Equity Loan Defined

A loan in real estate property that is used to secure or guarantee the amount borrowed. Sometimes referred to as a second mortgage or borrowing against your home. The loan allows you to tap into your home's built-up equity, which is the difference between the amount your home could be sold for, and any claims held against it. People often use a home equity loan for home improvements or to pay for a new car. A home equity loan is a good way to borrow money for two main reasons. First, the interest rate is usually one of the lowest loan rates a borrower can get. Also, the interest you pay on the loan is usually tax-deductible. But taking out a home equity loan also means the lender can take possession of the home if the loan isn't repaid. This is why some people decide to not borrow against their home, and may decide to take out a personal loan. But for many borrowers, a home equity loan can be the best loan option. Your best loan option is the loan that best meets your needs.

This definition is in context to Refinance. See more contextual defintions for Home Equity Loan.


Navigation: [ 1 2 3 4 5 Next ]

The Debt Diet: Ways to Trim Unsightly Bills

Published November 18, 2008, 9:03 pm, WallStreet Journal via Yahoo! Finance

Carrying a few thousand dollars in credit-card debt in this crisis is unsafe for your financial health.

Full Story


sponsored by

Published November 18, 2008, 9:01 pm, WebCPA

Get the latest news and financial insights delivered to your inbox. Learn More & Subscribe

Full Story


PRESS RELEASE: Fitch Assigns Expected Ratings to SMHL Securitisation Fund 2008-2

Published November 18, 2008, 8:15 pm, Nasdaq

AUD572m Class A1 bonds: 'AAA', Outlook Stable. The Class A2 bonds totaling AUD14m and Class B bonds totaling AUD14m will represent 4.7% of the total amount of bonds to be issued, and were not rated by Fitch.

Full Story


7 Ways To Recession-Proof Your Life

Published November 18, 2008, 8:09 pm, Investopedia via Yahoo! Finance

Find out what you can do to prepare and cope in tough economic times.

Full Story


InBev closes Anheuser-Busch deal

Published November 18, 2008, 6:23 pm, Tiscali

NEW YORK (Reuters) - InBev NV closed its purchase of U.S. brewer Anheuser-Busch Cos Inc to create the world's largest brewer in the biggest cash acquisition in history, despite a global financial crisis that has stymied other deals.

Full Story


Principal asks for $2 billion from Treasury

Published November 18, 2008, 5:24 pm, The Des Moines Register

Taxpayers could become one of the biggest investors of Principal Financial Group, if the company’s application for $2 billion from a U.S. Treasury program is approved.

Full Story


Scotiabank takes $890M hit

Published November 18, 2008, 5:21 pm, Ottawa Citizen

The damage being inflicted on the finances of Bay Street by the creeping contagion emanating from U.S. credit markets was underlined Tuesday as the Bank of Nova Scotia said it would take a hit of $890 million.

Full Story


(AFX UK Focus) 2008-11-19 00:35 UPDATE 3-InBev closes Bud deal, becomes No. 1 brewer

Published November 18, 2008, 5:05 pm, Interactive Investor

By Martinne Geller

Full Story


Citigroup freezes US home repossessions

Published November 18, 2008, 4:45 pm, Guardian Unlimited

The US bank Citigroup is halting repossessions for most of its struggling mortgage borrowers in response to pressure for a softer approach in tackling the vast American sub-prime loans crisis . Citi said it was imposing a moratorium on foreclosures for all clients willing to work "in good faith" to restructure mortgages, as long as they have sufficient income to make payments of some ...

Full Story


Concern over interest-only mortgages

Published November 18, 2008, 4:31 pm, Channel 4

Nearly half of people with interest-only mortgages have no investment in place to repay the money they owe, research has shown.

Full Story


Navigation: [ 1 2 3 4 5 Next ]

Are you looking for additional Refinance > Home Equity Loan news? Try our new "Home Equity Loan News Focus" area.

Off-site Home Equity Loan Links, User Submitted

The following links have been collected through user bookmark submission in the Home Equity Loan category. Please note, because these resources are off-site we cannot guarantee the accuracy or quality of any information.

Tue Nov 18

  • Today's Mortgage Rates on the Decline: Mortgage rates dropped again this week for most loan types. The drop was not as much as we saw last week; however, it?s always good to see mortgage rates go down. Today?s thirty year fixed mortgage rate dropped to 6.14%, down from 6.2%. This is ...

Mon Nov 17

Sun Nov 16

  • Islamic Finance: If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!Profi t banking is permissible that involves the sharing of both profit and loss between the financial organization and the respective enterprise that has been endorsed b...
  • The Value of your Home: When it comes to home remodeling, most people never take action because they believe it?s either too difficult, or expensive.

Sat Nov 15

  • Avoiding Foreclosures: If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!If the homeowner wants to avoid foreclosure and it is not too late in the process, the auctioneer is not at the front door, then the homeowner can open a line of negotia...
  • How to Refinance Your Mortgage Without Paying Too Much: If you are considering refinancing your mortgage but are concerned about overpaying for the new loan there are steps you can take to avoid paying too much. Despite a faltering economy it is possible to refinance your home loan, lower your monthly paym...
  • Mortgage Fee Guide: If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!After finding the property you want, sorting out the mortgage can be a confusing process, with lots of jargon involved. Buying a home can be an expensive business, howev...
  • Use the Equity From Your Home For Your Bills: If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!& bull; Secure all the necessary papers before you go on to the next step. Use the Equity From Your Home For Your Bills Always remember that getting a home equity loan ...

Fri Nov 14

If you would like to find additional social bookmark based links on the topic of we recommend the Open Tag Directory > Home Equity Loan. If you would like to find related tags we recommend Tag Patterns > Home Equity Loan

Off-site Home Equity Loan Research Links

If you still need additional information on Home Equity Loan then we suggest the following off-site resources. Please note, because these resources are off-site we cannot guarantee the accuracy or quality of any information.

Refinance

If you know the Refinance Term Name use the links below to quickly jump to your desired focus.



Bookmark Us

The On Topic Network

This website is part of The On Topic Network.

Thank You

Refinance.On-Topic.net was developed by Odin Metatech, Inc and runs on the Odin Assemble platform.

Best Viewed With

License

Creative Commons License This work is licensed under Creative Commons.




Powered by Odin Assemble 2.5a