15 year home equity loan rates

BUYING your first home is a huge, and expensive, decision but there could be ways to save thousands if you opt for a new-build property. Developers are offering free extras and tantalising incentives to buy a new-build - and now we reveal the best way to haggle, and if these enticing offers are really worth it. From no stamp duty to "free" fixtures and fittings, developers are now offering many incentives and extras to buy a brand-new home. But some of these offers aren't always as good as they sound, and you could get an even better deal if you're prepared to negotiate. Some critics say free extras and incentives are just masking high asking prices, as you can often get a similar sized property at a much cheaper price if you choose an older home. And taking up these freebies can sometimes affect how much your mortgage provider is willing to lend you. But new-builds come with their own advantages, such as low maintenance costs and being included in Help To Buy and shared ownership … [Read more...] about How you can haggle for extras and freebies on your new-build home – and it could save you thousands

AFTER just six weeks of knowing each other Jamie Preston moved into Emma Winter's rented home in a village in Gloucestershire.  The couple knew it was a big risk - but just five months later they took an even bigger leap and paid a fee to reserve a £229,000 two-bed house nearby. After just a 15 months of dating Emma Winter, 38, and Jamie Preston, 36, got the keys to their first home in June 2016. Emma, who works in insurance, had already saved her £6,000 half of the deposit by working overtime before they'd even met. While Jamie, a medical engineer, took on extra work, including weekend jobs and night shifts in order to boost his income, on top of his Monday to Friday salary. He moved in with Emma so that he could save up the cash more quickly. It took him nearly a year to get his half of the funds together, which they used towards the deposit and moving costs, such as legal fees. The couple also cut costs by ditching the holidays, … [Read more...] about Single woman met boyfriend just five months before buying £230k first home together

Paul Davidson USA TODAY Published 12:01 AM EST Dec 19, 2018 A parade of Fed rate hikes this year is starting to make a dent in the wallets of American borrowers. Here’s the good news: Bank customers are also starting to see noticeably higher savings rates. With the Federal Reserve set to announce a fourth interest rate hike this year Wednesday, rates on credit cards, adjustable-rate mortgages and home equity lines of credit are likely to rise, experts say, increasing consumers’ monthly payments. All are revolving loans with variable rates that are directly affected by the Fed’s move. The Fed is virtually certain to lift its benchmark short-term rate by a quarter percentage point to a range of 2.25 percent to 2.5 percent. It will have bumped up the key rate nine times since late 2015. “They’re accumulating and the (total) impact is large,” says Tendayi Kapfidze, chief economist of LendingTree. “You need to stay on top of it” so … [Read more...] about Fed interest rate decision: How latest move effects credit, savings