Sentences with phrase «rise loans or lines of credit»
Not exact matches
Home - equity loans and lines of credit may be making a comeback as home values rise again, but homeowners with an existing line of credit from 2004 or 2005 or 2006 could be in for a surprise if they haven't looked at the terms of their loan in a few years.
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With real estate values on a seemingly never - ending rise, a home equity loan or home equity line of credit seem like a no - brainer.
On the other hand, one of the serious disadvantages of lines of credit (or advantages depending on how you look at it) is the interest rate can rise depending on the market and the loan.