A new federal lawsuit accuses some of the largest US banks – including JPMorgan Chase, Bank of America, Wells Fargo, Citibank ...
You can use home equity to pay off high-interest debt or improve your home, but it’s important to understand the risks.
JPMorgan Chase & Co., Bank of America Corp., and other big banks were sued in federal court by plaintiffs who say the financial institutions colluded to fix interest rates on millions of consumer and ...
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Is Home Equity Line of Credit a Good Idea?
Is a Home Equity Line of Credit a Good Idea? A home equity line of credit (HELOC) may be a good idea depending on your circumstances and purpose for applying. By taking out a HELOC, you are putting ...
A downward trend in the home equity borrowing interest rate climate has reversed course in recent weeks, with rates on both home equity loans and home equity lines of credit (HELOCs) stalling.
Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance. If ...
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