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Home Equity Loan vs. Line Of Credit: Need to Borrow Money?

A home equity loan can be a helpful financial tool for any homeowner, although a line of credit can be quite useful as well. Both are routinely used to gain financial leverage by way of...

comparison topics: Home Equity Loan, Line Of Credit

Floating vs. Variable vs. Adjustable Interest Rate

Regardless of whether you call it a floating interest rate, a variable interest rate, or an adjustable interest rate, the end result is the same: an interest rate that is adjusted...

comparison topics: Floating, Variable, Adjustable Interest Rate

Fannie Mae vs. Freddie Mac vs. Ginnie Mae

While they may sound like the names of the members of a family of Southern persuasion, Fannie Mae, Freddie Mac and Ginnie Mae actually refer to federal lending and home loan programs...

comparison topics: Fannie Mae, Freddie Mac, Ginnie Mae

Home Equity vs. Mortgage: What's the difference?

In the past, many financial and lending institutions relied chiefly on the customers credit scores as a guide to approving loans. But time has proven that even the best of credit...

comparison topics: Home Mortgage, Home Equity

Prime Mortgage vs. Subprime Mortgage

Prime mortgage and sub-prime mortgages are two terms that often comes to mind when the talk of home loans come to play. Many people understand what mortgage is, but what makes prime...

comparison topics: Prime Mortgage, Subprime Mortgage

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