A Home Equity Line of Credit (HELOC) is an easy way to borrow money using your home’s value as collateral. Let’s look into how a HELOC works and whether this option is right for you. How Much Can You Borrow with a HELOC? The first step in deciding if a HELOC is right for you …
Thinking about buying? If you are serious about owning your very own piece of the American Dream, it makes sense to take inventory of your current finances. By taking a closer look, you will have a better idea of whether you are ready to grab your dream of homeownership by the horns or whether you …
Q: I often hear that you should keep three to six months’ worth of living expenses in an emergency fund, and that some people should keep even more. But in a low-yielding environment, that’s an awful lot of money to have sitting in the bank earning next to nothing. Any advice? A: You’re right–the past few …
