Plus, should you tap equity or take out a small business loan?
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Source: US average mortgage rates from Mortgage News Daily
Better Mortgage Rates Disclosure: Rates shown are daily average interest rates, not APRs, based on Better Mortgage data and are for informational purposes only. Rates are not guaranteed, may include borrower-paid or lender credits, and actual rates and terms vary by borrower and transaction. Comparison to Mortgage News Daily averages may not reflect individual borrower scenarios and is not a guarantee of lower rates or savings. |
In the news |
🤔 Still waiting for a housing crash before you buy?Many buyers are holding off, expecting prices to collapse the way they did in 2008. Many economists don't see the same conditions repeating, since today's market lacks the loose lending and oversupply that caused the last crash. Waiting on a crash that may not come has a real dollar cost, and this breaks down what to check instead.
See the real cost of waiting |
Tools and tips |
🏦 Starting a business? Here's how home equity stacks up against a Small Business Administration (SBA) loanBoth home equity loans and SBA loans can fund a new business, but they come with different risk profiles and costs. One puts your home directly on the line, the other has its own qualification hurdles and fees. This guide walks through the pros and cons of each so you can weigh the tradeoff before applying.
Compare your financing options |
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