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Mortgage: Is It a Smart Way to Pay for College? Part 2

The time has come for your student to start thinking about colleges, which means it’s time to think about how they are going to pay for it. Many parents look to their home equity as a possible source of funds to pay for college. Last week, we went over the questions you should ask yourself…

Mortgage: Is It a Smart Way to Pay for College? Part 1

Paying for college can be overwhelming given the spiraling cost of tuition, rough economy, dwindling stock market returns and stagnant home values. So it’s no wonder some parents are looking into using their home equity to help their student pay for college. But is taking equity out of your home in the form of a…