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What Are Refinance Equity Loans?
By | June 13, 2008
Topics: Rich Dad Poor Dad |
With the current rising on interest rates across the world a lot of home owners have been hit quite hard, and now they are struggling to pay their monthly mortgage repayments. What has happened is that homeowners were having a dream run, with interest rates getting lower and lower. Because of this they didn’t see the need to fix interest rates. Why would they when interest rates kept going down. So we have the majority of home owners with a variable interest rate - and now a rising interest rate.
Excerpt from:
What Are Refinance Equity Loans?
