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Should you use a HELOC for home renovations this spring? What experts say
CBS News· 12 hours agoAlthough the Fed's series of benchmark rate hikes ended last summer, there have yet to be any rate...
Will home equity loan rates drop in May?
CBS News· 4 days agoWith inflation problematic, interest rates were elevated to help rein it in. On Wednesday, the Federal Reserve elected to maintain that level, keeping...
Home equity hazards: The risks of tapping into your property’s value
Bankrate via AOL· 6 days agoMake sure that the budget includes your new loan payment so you can make good progress on paying...
Mortgage Interest Rates Today, May 5, 2024 | Could Rates Finally Drop This Fall?
Business Insider· 2 days agoThese are today's mortgage and refinance rates. Mortgage rates inched down last week, but they won't...
How the Federal Reserve affects HELOCs and home equity loans
Bankrate via Yahoo Finance· 5 days agoHELOCs benefit most from rate decreases. With the Fed looking to lower rates later in 2024, a HELOC...
What to know about HELOC prepayment penalties
Bankrate via AOL· 6 days agoThere’s no guarantee a lender will agree, of...If you have a longstanding relationship with the lender, try emphasizing that fact as well during...
Fed holds rates steady once again: What it means for car, home buyers
Gannett via AOL· 5 days agoThe average five-year new car loan being marketed is now 7.82% — up from 6.58% last year and 4.47%...
Understanding HELOCs
WCTV Tallahassee· 11 hours agoThe following content is created on behalf of First Commerce Credit Union and does not reflect the opinions of Gray Media or its editorial staff. Your...
Using home equity to pay off your mortgage? Here are the pros and cons
CBS News· 3 days agoWhether or not it's wise to use your home equity to pay your mortgage off depends on multiple...
Biggest winners and losers from the Fed’s interest rate decision
Bankrate via Yahoo Finance· 5 days agoStill, you may have an older loan that’s resetting at this year’s higher rates. For example, if you...