Posts discussing HELOC

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17Aug2009
Author
Dan Green
Filed Under
Mortgage Products
Over The Long-Term, Cash-Out Refis Can Be Cheaper Than Lines Of Credit Thumbnail

Over The Long-Term, Cash-Out Refis Can Be Cheaper Than Lines Of Credit

It doesn't take an elephant's memory to remember that Prime Rate was 8 percent-plus just 2 years ago. A few years before that, Prime Rate neared 10 percent. These are the facts that the banks aren't selling. Instead, banks and credit unions are dangling low "start rates" as bait and looking for homeowners to bite.

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