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How Much House Can You Manage
With home mortgage rates at record lows and houses on deep price cut in lots of cities, it can be appealing to purchase now even if you do not have much cash for a down payment. I highly advise that you wait up until you can manage a 20 percent down payment.
Reasons To Use Home Equity
Should you search for a conventional home-equity loan (that pays you immediately) or a home-equity credit line, which that extends a credit line in time?