In all reality, you could make an argument either way, but if using a Home Equity product to invest is something you would want to pursue, there are some things you need to understand before making a decision.
In our most recent online poll, we asked our customers: what is preventing you from applying for a Home Equity Loan or Line of Credit?
Do you feel like you are being bombarded with Home Equity advertisements from banks and credit unions you’ve never even heard of at every turn? While you may be tempted to apply for these offers, it may actually be more beneficial to consult with your banker where you have your banking relationship.
In our most recent online poll we asked, “Is it wise to use a home equity loan for general living expenses?” The majority of respondents said “no,” and we would agree. Using a home equity loan for general living expenses creates an opportunity for you to spend more than you earn.
This is a question we receive quite often at ENB. However, before we talk about how a home equity loan and home equity line of credit are different, it’s important to note how they are the same.
We all know that getting ready for vacation can be a stressful time. However, with a little preplanning you can have smooth sailing to your destination. We put together a list of our top travel tips and we hope they help to make your travel days less stressful.
There are two questions you should consider when making your list of possible home improvement projects. Do you plan to sell your home soon? And, do you mind if project does not increase the value of your home? If you answered yes to either of these questions, you might want to cross these projects off your list.
Wouldn’t it be great to have an unlimited budget for home improvement projects? In reality, most homeowners are working on a small home improvement budget. Here are five home improvement projects that can help either save you money or can increase the value of your home.
Not all home improvements have to break the bank, and often small changes have a noticeable impact on your home’s value. Here are a few ideas for low cost improvements to your home.
It’s often said that things improve with age. A lot of people don’t realize that this is also true as it pertains to your credit score. Credit scores don’t take age into consideration, however approximately 50% of a credit score is based on length of credit history and payment history.
