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HELOC Vs Home Equity Loan: How Do They Work?

Savings Corner

Let’s look more closely at how HELOCs and home equity loans work, and how to determine which would work best for you. Compared to earlier years, HELOC originations are actually on par with pre-pandemic norms, while home equity originations are actually above the figures recorded between 2008 and 2021. What’s the appeal?

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