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Wednesday, July 26

Home Equity Loans - First Charter Reports Record Quarterly Net Interest Income


First Charter Reports Record Quarterly Net Interest Income
Insurance News Net - The decline in consumer loan balances was partly the result of customers refinancing adjustable rate home equity loans into fixed rate first mortgage loans. "Our recent commercial loan growth is directly attributable to our renewed focus on that line

Podcast: Is the Economy in for a Soft Landing? Yes. Will it Become a
Wharton - And we have another notch up of interest rates at 5 %; which makes the prime rate 8 %. Many people who borrow on their home equity loans go higher than that. They go anywhere from sometimes up to two points higher than that. So we are getting 8

A fountain of financial wisdom
San Luis Obispo Tribune - And cash comes from assets, not loading up on home equity loans. No matter how much home equity you have, it s an illiquid asset. So remember this one rule in our age of excessive, conspicuous consumption: If you re not saving 10 percent of your

Ready To Consolidate That Debt?
ClickOnDetroit.com - Home-equity loans and home-equity lines of credit. There's also a third option, known as cash-out refinancing. Each of these can be used for debt consolidation, and each has its pros and cons. Here's a quick review. These days, the hot loan is the