Blog tagged as HELOC

Paying off mortgage = saving for retirement?

One question that has come up recently is whether or not paying off your mortgage is a good strategy (and the question here is on the primary residence, not on investment real estate). With the pandemic causing job losses, even people who kept their jobs are thinking about this as a way to reduce fi...

Jack
03.06.20 10:26 PM - Comment(s)
It's not just the rate
I was speaking with a few people last week regarding an idea they had. During this time, to provide a little bit more peace of mind if you're still working is to get a line of credit that you can tap so that in the case of emergency. For homeowners, that...
Jack
04.05.20 10:29 PM - Comment(s)
Rethinking strategies for managing debt in the age of coronavirus

One topic that I’ve been asked by many people is on managing debt - credit cards, student loans, etc. In the current situation, how should strategies for managing debt change?

 

Obviously, if you’ve lost your job if you were the sole income source, or had your income substantially reduced, then c...

Jack
01.04.20 08:25 AM - Comment(s)