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Short & Long-term HELOC Benefits

A Home Equity Line of Credit (HELOC) offers several benefits to homeowners, depending on their financial needs and circumstances. Higher mortgage rates cooled homeowners’ desire to move. Fortunately, increased home values make accessing home equity a popular alternative ...
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The Difference Between a HELOAN and a HELOC

A “HELOAN” is not a widely recognized financial term. It may be a combination or abbreviation of two related terms: “HELOC” and “Home Loan.” In this article, we explain both of these terms and the differences: HELOC (Home ...
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What is a HELOC?

HELOC stands for Home Equity Line of Credit. It is a financial product that allows homeowners to borrow money using their home’s equity as collateral. HELOCs are often used for various purposes, including: Home improvements Debt consolidation Education ...
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Divorce housing scenarios – Retaining the marita...

Part 2 of E5’s divorce series covers one spouse retaining the marital home. This Divorce Mortgage Guidance series focuses on navigating the credit, income, and home financing process during divorce. There are many living scenarios after divorce. Both ...
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How to Get Interior Design on a Budget

Whether you just bought a home or decided to stay in your existing home, some interior design is in order. You want to remodel; you want to repaint, but you could use some advice. We’ve got some tips ...
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Plumbing Tip: Check Water Supply Lines

Every toilet and sink in your home has water supply lines that connect to the home’s freshwater system. A toilet will have one supply line and every sink has two – one for hot and one for cold. ...
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5 Ideas to Improve Summer Outdoor Living

In addition to rinsing the dust and debris off the pavers and cleaning up tables and chairs, consider some of these ideas to maximize your summer outdoor living experience. 1 | Do something shady Adding extra shade can ...
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Rate Increase by Fed of 0.25%

What does Fed Rate Increase Mean for Mortgage Rates? Not much now. This week saw the first rate increase by the Federal Reserve, as they raised their key interest rate by a quarter point for the first time ...
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