<?xml version="1.0" encoding="UTF-8"?><!-- generator="wordpress/1.5.2" -->
<rss version="0.92">
<channel>
	<title>I Want to be Rich and Wise</title>
	<link>http://www.iwanttoberichandwise.com</link>
	<description></description>
	<lastBuildDate>Sun, 18 Mar 2007 20:57:51 +0000</lastBuildDate>
	<docs>http://backend.userland.com/rss092</docs>
	<language>en</language>

	<item>
		<title>Credit Scores Keeping You Down</title>
		<description><![CDATA[	In a world of have’s and have not’s, only in a privileged country like the USA, can we have a financial caste system as seemingly innocent as a credit score.   There are those with great score and those with poor scores.  A good score goes relatively unnoticed, it’s only when you have [...]]]></description>
		<link>http://www.iwanttoberichandwise.com/index.php/credit-scores-keeping-you-down/</link>
	</item>
	<item>
		<title>Equity in your Home</title>
		<description><![CDATA[	So what exactly is wrong with these loans? To start with, the interest rates are extraordinarily high. They typically run two to six percentage points more than the rates for traditional home-equity loans. Then there are the fees, which are also higher than those for a traditional home-equity loan. 
	Of course, just how much you&#8217;ll [...]]]></description>
		<link>http://www.iwanttoberichandwise.com/index.php/equity-in-your-home/</link>
	</item>
	<item>
		<title>Home Equity Fodder</title>
		<description><![CDATA[	Of special concern, millions of homeowners have taken out new loans against their dwellings, raising the risk of foreclosure. Mortgages accounted for 80 percent of the $3.5 trillion in debt assumed by consumers over the past five years.
	With interest rates that are typically lower than many credit cards, a home equity loan can be the [...]]]></description>
		<link>http://www.iwanttoberichandwise.com/index.php/home-equity-fodder/</link>
	</item>
	<item>
		<title>Home Equity Notes</title>
		<description><![CDATA[	No-equity home-equity loans were most popular back in the late 1990s, when many lenders boldly offered high-risk loans and borrowers felt comfortable taking on additional debt. More recently, rising home values and attractive interest rates for mortgage refinancing have helped even cash-strapped homeowners avoid such excessive borrowing. 
	But these loans are still available from DiTech [...]]]></description>
		<link>http://www.iwanttoberichandwise.com/index.php/home-equity-notes/</link>
	</item>
	<item>
		<title>Home Equity Credit</title>
		<description><![CDATA[	More lenders are offering home equity lines of credit, which allow homeowners to draw off their loan as they need it, usually by writing a check. The monthly payment is usually a percentage of the total outstanding principle. 
	Because this flexibility is the key benefit, be aware that some home equity lines specify a certain [...]]]></description>
		<link>http://www.iwanttoberichandwise.com/index.php/home-equity-credit/</link>
	</item>
	<item>
		<title>Home Equity Smarts</title>
		<description><![CDATA[	Before you sign, read the loan closing papers carefully. If the loan isn’t what you expected or wanted, don’t sign the loan. Either negotiate changes or walk away. You also generally have the right to cancel the deal for any reason — and without penalty — within three days after signing the loan papers. The [...]]]></description>
		<link>http://www.iwanttoberichandwise.com/index.php/home-equity-smarts/</link>
	</item>
	<item>
		<title>Lenders like Home Equity</title>
		<description><![CDATA[	A total number of points — your credit score — helps predict how creditworthy you are, that is, how likely it is that you will repay a loan and make the payments when they’re due.
	When you apply for a home equity loan or second mortgage, your lender will order a credit report from each of [...]]]></description>
		<link>http://www.iwanttoberichandwise.com/index.php/lenders-like-home-equity/</link>
	</item>
	<item>
		<title>Ask and shop for the Best Equity Deal</title>
		<description><![CDATA[	Ask all the lenders you interview to explain the loan plans they have for you. If you don’t understand any loan terms and conditions, ask questions. They could mean higher costs. Knowing just the amount of the monthly payment or the interest rate is not enough. 
	Pay close attention to fees, including: the application or [...]]]></description>
		<link>http://www.iwanttoberichandwise.com/index.php/ask-and-shop-for-the-best-equity-deal/</link>
	</item>
	<item>
		<title>Home Equity Loans and Lines</title>
		<description><![CDATA[	Don&#8217;t forget, with all refinanced mortgages, unless you do shorten the term, you begin again with a 30-year mortgage. Add the cost of the new loan to what you&#8217;ve already paid before the refinance, and your bottom line could be more than you can afford over time. 
	When considering a home equity loan, think through [...]]]></description>
		<link>http://www.iwanttoberichandwise.com/index.php/home-equity-loans-and-lines/</link>
	</item>
	<item>
		<title>Home Equity Advice</title>
		<description><![CDATA[	Fast appreciating home values could also encourage you to refinance for a larger mortgage to pull out equity, say, to consolidate bills, perform home improvements, buy a new car, pay for your child&#8217;s education or meet other financial needs. 
	With interest rates that are typically lower than many credit cards, a home equity loan can [...]]]></description>
		<link>http://www.iwanttoberichandwise.com/index.php/home-equity-advice/</link>
	</item>
</channel>
</rss>
