Baltimore Sun - ... mortgage payment each year, and you would own your home ... Credit cards charge an average of 14 percent. And an auto loan carries about a 7 percent rate, according to ... You also might build enough equity to qualify to refinance and lower your rate. 3 ...

Mortgage mess could hit home for Oregonians
OregonLive.com - ... subprime borrowers, those with spotty credit. About 56 percent of new subprime home ... the higher payments or aren't able to refinance the loan ... Home values statewide could level off, meaning people have less equity to drive consumer spending.