101. In other states, homeowners may borrow money, using their home equity as collateral, to finance expenses such as health care, college education and automobiles. 102. In the meantime, bankers have had several decades to sharpen their home equity marketing skills in other states. 103. In the meantime, check into consolidating high-interest rate debts with a home equity loan or a balance transfer to a lower-rate card. 104. Interest on most home equity loans is also tax deductible. 105. Investors in the past regarded subprime home equity loans as being relatively safe from refinancing. 106. Instead, despite the fact of the significant extraction of home equity gains, the level of unrealized capital gains in homes continues to rise apace. 107. Interest payments on home equity loan bonds could be interrupted if homeowners refinance these loans when interest rates decline, delivering principal back to investors earlier than anticipated. 108. It also makes home equity loans to consumers. 109. It also owns Champion Mortgage, a home equity lender. 110. Interest on home loans and home equity loans is tax-deductible, within limits. |