More owners tapping home equity lines of credit

From LA Times 11/30/14 Homeowners’ equity holdings nationwide are up sharply and interest rates are near historical lows, leading to more home equity borrowing. Above, homes in Mission Viejo. (Mark Boster / Los Angeles Times) If you're thinking about taking out a home equity line, you're hardly alone. Credit lines tied to home equity — … Continue reading More owners tapping home equity lines of credit

Mortgage rates down again

Freddie Mac: Mortgage rates down again; 30-year averaging 4.12% From 5/29/14 Fixed mortgage rates fall for fifth straight week to lowest level of 2014. Inflation? What's that? Mortgage rates continue decline. Freddie Mac says mortgage rates continue to fall; 30-year now averaging just 4.12%. Fixed mortgage rates declined for the fifth straight week, with … Continue reading Mortgage rates down again