HELOC Pros and Cons
HELOC Home Equity Loan Secured by your home equity Secured by your home equity Low interest rates Low interest rates Usually variable rate Variable or fixed rate Draw funds multiple times One-time payout Upfront and …
Card
Power of Attorney Duties After the Principal’s Death
You can’t get a power of attorney to act for someone after they have died, and an existing power of attorney becomes invalid upon the death of the principal—the individual who gave you the right …
What Is the Fair Housing Act?
Definition and Example of the Fair Housing Act The Fair Housing Act is a law enacted in 1968 and has been updated several times since its inception. The law is enforced by the US Department …
Is a Reverse Mortgage a Ripoff?
Reverse mortgages are special types of loans that give older homeowners a way to turn their home equity into a source of income they can use during retirement. When they move out or die, the …
Gas Prices Break New Record After Brief Reprieve
US gas prices reached a new record high Tuesday, erasing the modest relief seen in April. Higher oil prices and increasing demand for gas pushed the average national price to $4.37 a gallon, according to …