Entries Categorized as 'Mortgage'

Stupid Tax Tuesday – Paying Off Loans with Your Home Equity

Date November 27, 2007

photo by Eric Strauss In thinking over what prompted me to start this blog, it became clear that learning from mistakes has got to be the biggest way people learn to get better at something. So, with that thought in mind, I’ve decided to dedicate Tuesdays to relay some money mistakes I’ve made and what [...]

Refinance my HELOC? Not Now…

Date November 25, 2007

Ever since I added on to my house and acquired a large balance on my Home Equity Line of Credit, I’ve often considered refinancing my balance along with my primary mortgage into 1 big fixed-rate mortgage. The main reasons I’ve considered it is because I’ve always thought variable rate mortgages are scary, mainly because the [...]

Thank You, Mr. Federal Reserve

Date November 14, 2007

As I discussed in a previous post, I’m now in the possession of a fairly large home equity balance in the form of a home equity line of credit (HELOC). Thankfully, I gained a little hope when Federal Reserve Chairman Ben Bernanke lowered the Federal Funds rate by .5% on September 18th, it’s first cut [...]

I Have a Huge Home Equity Loan

Date November 12, 2007

photo by joguldi There, I said it. I recently read a post over at CleverDude about being open about your debt and how liberating it can be to get it out in the open and off your chest. I decided to try it, and I think I’m going to make a practice of it here. [...]