More and more lenders are offering home equity lines of credit. By using the equity in your home, you may qualify for a sizable amount of credit, available for use when and how you please, at an interest rate that is relatively low. Furthermore, under the tax law–depending on your specific situation–you may be allowed […]

“BAY AREA RESIDENTS accustomed to treating their homes like piggy banks could be in for unpleasant surprises as home prices decline in many areas. Not only are banks less willing to issue popular home- equity lines of credit, but some of the nation’s biggest lenders are freezing existing loans.
Countrywide Home Loans, for example, has […]