1.   But paying down your mortgage leaves less money, so establish a home equity line of credit first.

2.   Consumers will see lower rates on home equity loans and adjustable rate mortgages.

3.   American Airlines announced it has teamed up with five financial institutions to tie frequent flyer miles with the interest paid on home mortgages and home equity loans.

4.   Among the changes, it reduced the way discretionary income is figured in the formula and placed a cap on the home equity that can be assessed as wealth.

5.   And interest payments on home equity loans are generally tax-deductible, just like the interest on primary mortgages.

6.   And that concerns banks, which have rely on home equity as a solid part of their portfolios.

7.   And you may get a lower interest rate with other options such as personal loans or home equity loans.

8.   As a result, sales of bonds backed by home equity loans are rapidly becoming the largest segment of the asset-backed market.

9.   As a result, Texas is the only state that does not allow open-ended home equity borrowing.

10.   As with any kind of financing, shop around for the best deal on a home equity loan.