Equity Loans: Analyzed And Compared
Equity Loans: Analyzed And Compared Anybody looking at equity loans as a means of borrowing would be wise to compare the rates for equity loans, refinancing as well as credit lines. This is because loans more often than not come with either a prime, fixed or variable rate. Refinancing is usually a better option than home equity loans or credit lines when your equity has dropped below its market value. Refinancing extends some extra cash to the homeowner to spend on his most pressing needs. It also offers a vehicle to help recover the equity on the value of your...