dating someone with children are you ready - Consolidating home equity line credit
The interest rate on a first-lien home equity loan is typically higher than the rate on a 15-year fixed-rate mortgage.
The differences vary significantly from bank to bank and over time.
If you can borrow at 4% and turn around and make an investment in the stock market and yield 8%, you made 4% on your money," he says.
However, this is a risky undertaking since the stock market has a reputation for crashing at times.
Unfortunately, those dressed up as a quick fix tend to cause more problems than they solve.