There is an idea floating around out there in the ether. Some folks are actually talking about paying off their mortgages and getting out of debt for good. Poppycock! That’s madness. What is so great about financial freedom anyway?Face it. Your mortgage, for which you probably broke traffic laws to get to the closing, has [...]
Posts Tagged ‘Mortgages’
Second Mortgage Loans Vs Home Equity Loans
Posted by admin on November 18th, 2009
It’s not surprising that some homeowners confuse the terms “second mortgage” and “home equity loan.” After all, a second mortgage is a type of home equity loan. But more often than not, home equity loan is used to describe a home equity line of credit, or HELOC. If you want to take advantage of the [...]
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