Home Equity Lines of Credit : How Is the Rate Determined for a Home Equity Line of Credit?

Home Equity Lines of Credit : How Is the Rate Determined for a Home Equity Line of Credit?The rate for a home equity line of credit is generally based on the prime lending rate. Find out how prime rates can increase or decrease on a loan with help from...

Interest Rates - A Quick Primer

Interest Rates - A Quick PrimerThis is a short primer video on interest rates. Students often write in exams about "the interest rate" when in fact no such interest rate exists! There are tens of thousands of different interest rates on savings and loans,...