A president pro tempore is the leader of the Senate when the  Vice-President is not there. (pro tempore is Latin phrase which  means for the time being.) Unlike the VP, he â¦ can also vote to  create a tie, since he is a Senator. The position is elected by the  Senators.
Home equity loans and lines of credit. Where rates are now: 4.72 percent average for a HELOC; 6.03 for a home equity loan. Projected rates for end of 2015: 5.2 percent average for a HELOC; 6.5 percent for a home equity loan. Rates on both home equity loans and lines of credit wonât change much during first half of the year, at least not until the Fed raises short-term interest rates. The change to home equity lines of credit may be more pronounced.
Years ago, homeowners could borrow up to 100% of their equity, says Jay Voorhees, broker and owner of JVM Lending, a mortgage company in Walnut Creek, California. Today, most lenders put significantly lower limits -- like 80 to 90% -- on home equity borrowing. Your credit score has a big influence on home equity rates.0% of home's value minus amount owed: $23,367. The bank will give them a credit line of $23,367 or less. That might be smart from a financial perspective, but for some people, the temptation of an open credit line can be a problem, says Alan Moore, a CFP professional for Serenity Financial Consulting in Milwaukee.