Home Equity Loan Interest is Still in Play in 2018

Most of us will agree that our biggest investment is in our home. So, it shouldn’t surprise you that your house or condo is your first port-of-call whenever there’s a need to borrow money. And the easiest way to draw funds against the security of real estate is by arranging a Home Equity Loan. Home Equity Loans have New LimitationsHome Equity funding helps us in important ways: Number one, the interest rates payable on this type of loan are arguably the lowest available. Secondly, you can get the cash working for you quickly with the least bother, paperwork and tedious protocol. Then there’s the third big reason: help from Uncle Sam. Up to now all interest payments on a Home Equity Loan were tax-deductible. It made borrowing almost a no-brainer! Who wouldn’t opt for already-low interest rates to be pulled even lower? Benefits like this are rare in our modern world where it seems like everything, including financing fees, are only going up. Well,…

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