Before the housing crisis, it wasn’t unusual to see home equity loans for as much as 100% of the home’s value. Today, though, restrictions are much tighter. You are more likely to be able to borrow up to 80% or 85% of a home’s value if you are lucky. Looking for Current Mortgage Interest Rates? Click Here. What Determines How Much You Can Borrow? How much you are able to … [Read more...] about How Much Can You Borrow on a Home Equity Loan?
Did you know that not all home renovations are worth the time or money they require? In other words, you probably won’t see a return on your investment, or at least one that is worth your while. If you plan to sell your home in the next few years, be very choosy about what you sink your money into while you still live there. Even though a renovation seems like a good idea, it … [Read more...] about Which Home Renovations Aren’t Worth Doing?