What the Fed's .50 rate cut means for Helocs & Credit Cards.

I heart CNN like crazy, they are REALLY on top of their ish over there! ... now be a crazy low rate of 4.05%!!! how crazy is that? And you know it's bad out there when my 2nd ... . This means total greatness! Since our Home Equity Line of Credit is tied to the Prime Rate (which [more...]

Date: 2008-10-08 15:12:00

Blog posts (6) | Videos (7)
 

Venture Firms Pull Back, But Not for Long

Venture firms are sounding the alarm over what this current downturn might mean for their portfolio companies — and it’s not pretty ... , all as their personal wealth dwindles and banks decline to offer home equity loans or other lines of credit ... stay on the sidelines? As bad as things are forecast to be, my bet is that they won’t be there for long [more...]

Date: 2008-10-10 04:01:04

'Too Much House' Buyers To Be Rewarded?

The Treasury and FDIC are considering a plan to guarantee about $500 billion of bad mortgages in an attempt to reduce the total number of ... , and not their ability to afford the home. If homeowners also took out a home equity line of credit, no problem ... as 3 million loans into ones that homeowners would actually be able to afford (imagine that). In [more...]

Date: 2008-10-31 15:51:36

The Personal Effect of the Financial Crisis

With the steady stream of bad news coming at us from all directions, it’s clear that the financial crisis is taking its toll on the economy ... situation. In many areas, prices have declined significantly. From car dealerships to retailers ... affected those trying to sell their homes, or perhaps those with large home equity lines of credit [more...]

Date: 2009-01-10 14:45:40

Borrowing To Invest Vs. Saving To Invest

This is a follow up to my post about bums not being richer than you ... the $500 directly into investments, he goes to his bank and sets up a home equity line of credit ... nest egg of $378,015. Not too bad! The Leveraged Investor In this scenario, our investor wants [more...]

Date: 2008-12-22 00:22:31

Spending habits: Do as I say, not as I do

Shopper_2 Crushing mortgage payments, rising foreclosures and living off home equity lines of credit and plastic are all examples of how Americans have let their spending get out of hand, but most bad habits start small. An Associated Press ... . But more importantly they can compare how much it would have cost if they put it on a credit card, [more...]

Date: 2008-11-05 01:31:43

6 Results