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Should you use a HELOC for home renovations this spring? What experts say
CBS News· 20 hours agoAlthough the Fed's series of benchmark rate hikes ended last summer, there have yet to be any rate...
3 strategic home equity moves to make this May
CBS News· 17 hours agoBy using a home equity loan or home equity line of credit (HELOC), homeowners can gain access to tens and possibly hundreds of thousands of dollars right...
Home equity hazards: The risks of tapping into your property’s value
Bankrate via AOL· 7 days agoWays to protect yourself from the risks of home equity loans include not borrowing...if you’re...
Will home equity loan rates drop in May?
CBS News· 5 days agoWith inflation problematic, interest rates were elevated to help rein it in. On Wednesday, the Federal Reserve elected to maintain that level, keeping...
How the Federal Reserve affects HELOCs and home equity loans
Bankrate via Yahoo Finance· 6 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· 7 days agoIn general, you can expect the fee to range from 2 percent to 5 percent of your loan. In some cases, the fee the lender charges may be based on how early...
Fed holds rates steady once again: What it means for car, home buyers
Detroit Free Press via Yahoo Finance· 6 days agoThe average five-year new car loan being marketed is now 7.82% — up from 6.58% last year and 4.47%...
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...
Understanding HELOCs
WCTV Tallahassee· 19 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...
6 risks to consider before tapping into your home's equity
CBS News· 7 days agoAccessing your home equity with a home equity loan or a home equity line of credit (HELOC) can...