Getting a HELOC is often smarter than using credit cards. But not always. Learn when HELOCs or credit cards are the better option. Continue reading

Today’s mortgage and refinance rates  Average mortgage rates had a decent day yesterday, falling moderately. That was overdue after a couple of bad weeks. But it was a great way […] Continue reading

It’s tempting to max out your preapproved home buying budget. But experts warn against buying the most expensive house you can. Here’s why. Continue reading

Today’s mortgage and refinance rates  Average mortgage rates edged modestly lower yesterday. That was a pleasant surprise for me because I’d thought they might rise. So far this morning, it’s […] Continue reading

You almost always need a new appraisal to get a HELOC. But the appraisal can actually work in your favor if your home’s value has gone up. Continue reading

Today’s mortgage and refinance rates  Average mortgage rates fell moderately yesterday. The change barely made a dent in the last three business day’s rises. But it took those rates a […] Continue reading

Normally, homeowners refinance to get a lower rate. But there may be one good reason to refinance even if your rate goes up. Continue reading

Today’s mortgage and refinance rates  Average mortgage rates just inched higher yesterday. That was a real surprise because they began that morning moving strongly higher. So far this morning, it’s […] Continue reading

Today’s mortgage and refinance rates  Average mortgage rates fell again yesterday, though only moderately. And those rates are roughly back to where they were last Thursday and at the end […] Continue reading

Real estate and lending expert Michael Bourque explains why older housing is better and cheaper than new-builds for first-time home buyers. Continue reading