Kimberly Goodwin, PhD

Dr. Kimberly Goodwin is currently the Parham Bridges Chair of Real Estate and an Associate Professor of Finance at the University of Southern Mississippi. She holds a B.S. in Geophysics from the University of Delaware, a M.B.A. from the University of Southern Mississippi, a M.S. in Finance from the George Washington University, and a Ph.D. in Finance from the University of Alabama. Dr. Goodwin’s research focuses on real estate markets and has been published in some of the top real estate journals. She is also a Co-Editor for the Journal of Housing Research.

Articles by Kimberly Goodwin, PhD:

30
Jul
Should You Use a Home Equity Loan or Line of Credit to Pay Off Credit Card Debt?

If you are in credit card debt, you are not alone. The average amount of credit card debt is over $5,600, according to TransUnion. This is the highest it has been since 2009. Furthermore, if you are only making the minimum payments on your credit cards, it could take you up to 30 years to pay off your credit card […]

Posted in: Home Equity,
30
Jul
How to Get Home Improvement Loans With No Equity

Home equity loans are one of the best ways to fund major home improvement projects. You can get a low interest rate by borrowing against the equity in your home, and you can deduct the interest that you pay on the loan from your federal taxes. Unfortunately, not all homeowners can take advantage of a […]

Posted in: Personal Loans,
28
Jul
Should You Use a Home Equity Loan or Line of Credit for Debt Consolidation?

Debt consolidation is when you combine several outstanding debts into one, larger debt with a lower interest rate. Consumers burdened with various forms of debt, especially high interest rate credit card debt, may feel like they struggle to pay down their debt or never really make any progress. Debt consolidation can be a tool for […]

Posted in: Home Equity, Home Equity Uses,
28
Jul
Pros and Cons of Home Equity Lines of Credit

A home equity line of credit is a popular way for homeowners to get extra cash to pay off high-interest debt, make home improvements, take a big vacation, or send their children to college. Homeowners can access the equity they built up in their home over time. Lenders charge relatively low interest rates on a home equity line of […]

Posted in: Home Equity, Learn More,
28
Jul
Home Equity Loan and HELOC Requirements

Homeowners who have been thinking about borrowing against the equity in their homes probably know about the home equity loan and home equity line of credit (HELOC). Borrowers receive a lump sum loan amount that they repay monthly over 10 to 15 years at a fixed interest rate. A HELOC gives borrowers the option of taking a lump sum payment or [&

Posted in: Home Equity,
28
Jul
Can You Use a Home Equity Loan or Line of Credit on an Investment Property?

Homeowners have the opportunity to borrow against the equity in their homes by taking out a home equity loan or home equity line of credit (HELOC). Home equity is the difference between the current market value of your home and the outstanding balance on your mortgage. You can use the proceeds from your home equity loan or home […]

Posted in: Home Equity, Home Equity Uses,
28
Jul
What Does Dave Ramsey Think About Home Equity Loans?

Dave Ramsey is a businessman, author, and radio personality who specializes in the area of personal finance. He is known for his “debt-free platform,” which forms the foundation of all the financial advice he gives. After counseling members of his own church, Dave Ramsey began marketing his books and classes through churches as well as […]

Posted in: Home Equity,
28
Jul
Should You Use a Home Equity Loan or Line of Credit for Vacation?

Although the staycation has become a popular phenomenon for those who don’t have the time or money to leave home, most people want to be able to afford a nice vacation. Whether it’s a family trip to Disney World, a trip to the beach with friends, or an international adventure, vacations give you the opportunity […]

Posted in: Home Equity, Home Equity Uses,
28
Jul
Should You Use a Home Equity Loan or Line of Credit for Remodeling Improvements?

Styles may not change as quickly for home design as they do in fashion design, but over time, your home can start to look like it needs a makeover. Not only do styles change, but preferences related to your home’s functionality also change. For example, homes today integrate technology in so many ways, from automating […]

Posted in: Home Equity, Home Equity Uses,
27
Jul
Cash-Out Refinance vs. Home Equity Loan: Which Is Better?

If you are looking to access some cash from the value of your home, you have two types of loans to consider. A home equity loan is a second loan on your residence that allows you to borrow against the equity you have in your home. A cash-out refinance loan, on the other hand, lets […]

Posted in: Home Equity, Learn More,