A Home Equity Line of Credit (HELOC) lets homeowners borrow using the equity in their homes as collateral, much like a second mortgage. When deciding between a HELOC and a Home Equity Loan, it’s important to understand the differences. Both HELOCs and Home Equity Loans allow homeowners to borrow against their home’s equity, but each…
Back-to-school sales kick off in July and pick up speed in August, and these deals are hard to miss. If you have kids, you’re probably already buying binders, notebooks, backpacks, and other must-haves. But even if you don’t have children, these sales can still be beneficial for you. In fact, they’re comparable to Black Friday,…
Buying your first home can be tough, especially if you’re not familiar with the process and the lingo. It’s crucial to understand your options. Most first-time buyers need to save up a deposit for their mortgage. Generally, the smaller your deposit, the more expensive your mortgage will be. Pay attention to the interest rates on…