Your only home equity credit news source! Click on each item to read full story.   Bucks Blog: Some Borrowers Need More Equity to Sell Homes read story Rates of “underwater” homeowners continue to fall, an analysis finds, but higher equity may still be necessary to sell a home.           Home equity loan rates for May 2, 2013 read story Interest Rate Roundup Mortgages CDs Auto Loans Home Equity Credit Cards Find the best home equity rates in your area. Home Equity 5.15% (line of credit) 6.15% (loan) Rates on loans backed by home equity ...   Fitch: U.S. Home Equity Credit Quality Likely to Worsen in 2014 read story CHICAGO--(BUSINESS WIRE)--U.S. banks with large home equity books will face increasing credit risk next year as 10-year interest-only draw periods for many home equity line of credit (HELOC) borrowers come to an end, according to Fitch Ratings. We regard the level of individual bank disclosure on home equity payment reset risk as generally inadequate. For those banks with relatively large home ...   ANZ drops one-year fixed rate to 4.95% read story ANZ today announced a drop in its one-year fixed interest mortgage rate to 4.95%p.a., down from 5.19%p.a., for lending when there is at least 20% equity. The new rate, effective from tomorrow, is one part of ANZ’s best-ever home loan offer - a package that provides customers a great deal for their overall banking. The package includes $1,000 cash on new lending of more than $100,000, fee-free ...   13 Million U.S. Homeowners Still Underwater in Q1, But More Than 9 Million More May Lack Enough Equity to Move read story SEATTLE, May 23, 2013 /PRNewswire/ -- The national negative equity rate fell in the first quarter, to 25.4 percent of all homeowners with a mortgage, according to the first quarter Zillow® Negative Equity ...   Jurors go home without verdict in McNeill trial read story FAYETTEVILLE, N.C. (AP) — Jurors in the trial of a man accused in the rape and murder of a 5-year-old Fayetteville girl have completed their first day of deliberations without reaching a verdict.   Lloyds Said to Plan $8.7 Billion Auction of U.S. Home-Loan Bonds read story Lloyds Banking Group Plc (LLOY) plans to auction about $8.7 billion of U.S. home-loan securities without government backing that were issued before the credit crisis, according to a person familiar with the offering.   Consumer loan rates read story Banks Home equity rate (PTS) Auto Boat Assemblies of God CU 4.25 1.99 4.99 BluCurrent Credit Union 4.00 2.49 7.49 CU Community CU 5.00 3.99 4.99 Commercial Federal Bank 8.74 N/A N/A Community Financial Credit Union 4.00 2.99 4.64 Educational Com CU 4.90 3.39 6.20 Empire Bank 5.00 2.99 2.99 First Home Savings Bank 5.25 6.25 7.00 First National Bank 5.00 5.00 5.00 Great Southern 5.50 2.24 8.49 ...   Lowe’s Reports First Quarter Sales and Earnings Results read story Lowe’s Companies, Inc. , the world’s second largest home improvement retailer, today reported net earnings of $540 million for the quarter ended May 3, 2013, a 2.5 percent increase over the same period a year ago.   For seniors, a break on mortgages read story Get Business Mobile Text Alerts Here's a heads-up for the growing ranks of seniors whose post-retirement monthly incomes aren't sufficient to qualify for a mortgage under today's tough underwriting standards: Thanks to a rule change by the largest players in the home loan business, you may be able to use imputed income from your 401(k), IRA and other retirement assets to qualify for the loan you ...