2nd Mortgage

Today’s economy has many uncertainties due to concerns over inflation, rising interest rates, and higher energy costs. If you are considering using home equity for any reason a fixed interest rate will save you money and give you peace of mind. 2nd Mortgage have many advantages over home equity lines of credit. One such advantage is that 2nd Mortgage loans are available with fixed interest rates. Here is what you need to know about minimizing risks while borrowing against the equity in your home. When you take out a 2nd Mortgage the loan is dispersed in one lump sum. Home equity lines of credit allow you to keep spending using a debit card or writing View the rest of this article