Savings Corner
APRIL 4, 2024
Home equity loans are best used for five-figure renovation or repair projects — which can garner you a tax deduction on their interest — or to consolidate other debts. Source: Bankrate national survey of lenders As for 2024: The potential for Federal Reserve interest rate cuts could be good news for home equity loans.
Savings Corner
APRIL 4, 2024
California homeowners with active Allstate home insurance were not dropped, but the insurer stated that “wildfires, higher costs for repairing homes and higher reinsurance premiums” motivated the choice to limit new business. Power conducts annual surveys from existing customers about some of the largest insurance companies in the country.
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