Posts Tagged ‘better’

Is a HOME EQUITY LOAN better than using a CREDIT CARD?

I want $18,000 to put toward a home improvement project.
HOME EQUITY TERMS – 5.85% FIXED APR for 60 months.
CREDIT CARD TERMS – 3.99% FIXED APR for 60 months.
Which would be a better decision and why? THANKS!

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Is it better to refinance or take out a home equity loan?

My 1st mortgage has a fixed interest rate and a 2nd mortgage that is a Line of Credit with a variable interest.
I don’t need more cash I just want to get rid of the second mortgage w/ variable rate !!

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Is it better to refinance or get a home equity loan? We have owned our home for 2 years.?

Due to family health issues my husband and I have missed a bit of work over the past 9 months. Because of this a few of our credit card payments were missed and we have fallen quite behind. We are now both back to work full time and are making arrangements with our [...]

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Is it better to keep an adjustable rate at 9% home equity loan vs. a fixed rate at 6% ?

The adjustable rate has been as low as 5%, the plan we have can have the loan paid off in 3.5 years. Would it be beneficial to change to a fixed rate at 6% now, because of closing costs and fees?

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what kind of loan is better, refinancing or home equity?

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