Search Results

Point Fall 2022 Homeowner Survey | Point Blog

Though mortgage interest rates haven't been this high since 2002, half of the homeowners who considered a loan against their home in the past year are moving forward, according to new research from Point. Point Editorial Team. •. 4 min read.
How does HELOC repayment work? | Point Blog

If your balance is zero, there are no interest charges. HELOCs have variable interest rates that change with the Prime Rate. Generally, the interest rate is the Prime Rate plus an add-on of 1% to 3%.
29% of homeowners still considering HELOC or Refi despite historically high interest rates | Point Blog

•. 2 min read. 29% of homeowners still considering HELOC or Refi despite historically high interest rates.
IVF financing 101: IVF loans and other options | Point Blog

IVF loans usually come with fixed interest rates, so you can calculate your total interest charges and the overall cost of your loan before you sign on the dotted line.
Debt consolidation: What is it and how does it work? | Point Blog

The best debt consolidation loans offer flexible payment terms with low-interest rates and origination fees, although favorable terms are not always guaranteed.
How to get a home equity loan without perfect credit | Point Blog

When you have bad credit, lenders often charge higher interest rates and fees. In some cases, you may not be approved at all. Traditional lenders often shy away from lending to customers with bad credit.
Financing home renovations: A quick guide to covering the cost | Point Blog

During this period, you have monthly repayments to make based on what you borrowed and interest. Unfortunately, HELOCs don't have fixed interest rates, so how much interest you repay depends on current rates.
Cash out refinance vs. home equity loan: what to know | Point Blog

Cash-out refinancing can come with either fixed rates or variable interest rates. The interest rate you receive is tied to the 10-year Treasury bond.
Understanding the basics of a second mortgage | Point Blog

They usually come with higher interest rates than first mortgages. However, the rates are usually lower than those for unsecured loans, such as personal loans. How does a second mortgage work?
Cash-out refinance vs HELOC: Which is better? | Point Blog

Interest rates for a cash-out refinance tend to be a little higher than a purchase mortgage or a rate-and-term refinance.