Michael Nolan

Mike Nolan, Accenture

Michael Nolan Accenture Senior Manager, Global Events Marketing

Right now- according to Michael Nolan, director of public relations and special events at Norwest Bank in Minneapolis- interest on home-equity loans ranges from 7.75 percent to 9 percent for fixed rates and as low as 6.5 percent for variable rates.
...
"The consumer should just make sure that they know what they're paying for with the additional costs," said Nolan.

Michael Nolan, Accenture

"Puts some of the best minds in the business together to answer the question, 'Where do we go from here?'"

- Mike Nolan, Accenture

Right now- according to Michael Nolan, director of public relations and special events at Norwest Bank in Minneapolis- interest on home-equity loans ranges from 7.75 percent to 9 percent for fixed rates and as low as 6.5 percent for variable rates.

But even with such low rates, many people still forego going for a bank loan, fearing they'll be rejected.
...
"The consumer should just make sure that they know what they're paying for with the additional costs," said Nolan.