Real estate downturn no big deal for homeowners - Vancouver Sun

Real estate downturn no big deal for homeowners Vancouver Sun,  Canada - 1 hour ago But before you pull out your calculator to figure out how much equity you've lost, reflect on the reasons you bought your home. ...

Financial steps to take if you’re laid off - Middletown Press

Financial steps to take if you’re laid off Middletown Press, CT - Jan 5, 2009 “I usually advise people — if they have the ability — take out a home equity loan instead of raiding your 401K. A home equity loan still leaves the door ...

Financial Fitness: Why Your Income Doesn't Matter - CNBC

CNBC	Financial Fitness: Why Your Income Doesn't Matter CNBC, Englewood Cliffs - 13 hours ago She can downsize her mortgage and with a solid financial ‘core’ of $200000 in equity, she’s in a great position to sell and take on a more manageable home ...

Pay or Walk Away? New Calculator May Help You Decide - San Francisco Chronicle

San Francisco Chronicle

Pay or Walk Away? New Calculator May Help You Decide San Francisco Chronicle,  USA - Dec 19, 2008 I can understand people who made a mistake and didn't think though before signing for a home. What gets me are those that took money out based on the equity ...

Reverse mortgages getting more popular in tough economy - Bellingham Herald

Reverse mortgages getting more popular in tough economy Bellingham Herald, WA - Dec 11, 2008 A reverse mortgage allows homeowners 62 or older to borrow up to $417000 of their home's equity to use any way they wish; the old limit was $352790. ...

Mortgage Points May Not Be Worth Buying - TheStreet.com

Mortgage Points May Not Be Worth Buying TheStreet.com - Dec 31, 2008 The bigger down payment helps to build equity faster so that you own more of your home when it comes time to sell. Only after 14 years will the interest ...