Family Balance Sheet
APRIL 9, 2021
We didn’t carry over credit card balances, we paid off our car notes early, and the interest rate on the student loan was at a low 2.75%. A student loan? Our personal finances are so interwoven with our small business finances that we view them as one. We also had some building repairs that we needed to cash flow.
Savings Corner
APRIL 4, 2024
While the forecast doesn’t call for massive savings — for HE loans, anyway — any reduction in borrowing costs saves prospective borrowers some cash, and encourages them to turn to this financing tool. What are average home equity loan interest rates? There are no restrictions on how you purpose your home equity loan.
Savings Corner
APRIL 4, 2024
How to refinance your mortgage What happens when you refinance your home or rental property ? The refinancing process is similar to the purchase mortgage application process: The lender reviews your finances to assess your risk level and determine your eligibility. You could tap into your home’s equity and take cash out at closing.
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