Tag Archives: Current Interest Rate

Would it be better to refinance at a lower interest rate or take out a home equity loan?

mobgirl asked: Here is my situation: We would like to put around $20,000 into our house. Should I refinance at a much lower interest rate for an extra 20 grand? Or should I keep our current mortgage as is and … Continue reading

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Home Equity Loan Vs. Refinancing

Alan Lim asked: Home equity loan and refinancing are two excellent ways that can help you manage your finances. However, it may prove difficult to choose one from the other and should depend on what your financial goals are. You … Continue reading

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