A home equity loan is a loan for a fixed amount of money that is secured by your home. You repay the loan with equal monthly payments over a fixed term, just like your original mortgage. If you donât repay the loan as agreed, your lender can foreclose on your home. The amount that you can borrow usually is limited to 85 percent of the equity in your home. The actual amount of the loan also depends on your income, credit history, and the market value of your home. Ask friends and family for recommendations of lenders. Then, shop and compare terms.
This undated image released by the Atapuerca Research Team (EIA) on March 26, 2008, shows a small piece of jawbone unearthed in a cave in Spain. The jawbone is the oldest known fossil of a human ancestor in Europe and suggests the continent was peopled much earlier than previously believed, scientists say.
Scientists discover oldest intact skeleton in New World. Scuba divers discover 12,000-year-old skeleton in YucatÃ¡n, lending clues to the origins of the first Americans. Divers transport the skull of Naia, the name given to a 12,000-year-old skeleton of a young girl found in an underwater cave in Mexico. The skeleton is the oldest found in North America and provides a vital clue to the ancestry of early Americans. Paul Nicklen / National Geographic. The skeleton was found in Hoyo Negro, an immense underwater cave on the eastern coast of Mexicoâs YucatÃ¡n Peninsula.