FAILURES!!! Every one of ‘em.Americans’ approval of Con...(and it’s gonna get worse) December 18th, 2007 | Category: Mortgage News Every one of ‘em. Original post: FAILURES!!! (and it’s gonna get worse) by Home equity loan FAILURES!!! (and it’s gonna get worse) Tag: Home equity loan rate Get rid of ‘em in November HP’ers. A lower interest rate gives you less interest to deduct on your income tax, which may increase your tax payments and decrease your total savings from refinancing.