Making Sense of Home Equity Loans

With all the attention on foreclosures and “underwater” mortgages, it’s easy to forget that millions of Americans have owned their homes long enough to have substantial equity. It’s still possible for many to tap into that wealth through a home-equity loan. There are two ways, each with pros and cons. With a home equity installment […]

U.S. home-buying season finally signaling a recovery

WASHINGTON-April 16, 2012- Five years after the housing bust sent sales and prices plunging, the spring home-buying season is pointed to a long-awaited recovery.