A second mortgage loan can help you finance a great many things that you or your family needs, like a new car, a college education, or even a home remodel. With credit card interest rates high, you can save money by putting the equity in your home to good use, and buy whatever it is that you need, while avoiding higher interest rates for car loans or college loans. If the... Read More

In a welcome bit of good news this week, the Fed cut rates, which had a salutory effect on both long-term and short-term mortgage rates. This should translate into good news for second mortgage rates as well. An article by financial writer Amy Hoak that was posted on the MarketWatch website noted these changes, "Long-term mortgage rates fell slightly, but short-term rates... Read More