archiveJuly 2019

Housing

Why are mortgage rates pegged to the 10 year treasury note?

For most people their mortgage is usually the largest loan they will take in their lifetime and the type of mortgage they take can have a huge impact on their short-term cash flow and long-term assets. A home purchase is a leveraged bet on housing if you only put 20%...
Housing

Home Equity Loans Vs. Home Equity Line of Credit (HELOC)

Home Equity Loans and Home Equity Line of Credit (HELOC) are two types of ‘secondary mortgages’. These help you take out a loan against the equity of your home. Since these loans are backed by your home equity, the interest rates are lower than unsecured forms of credit like credit...