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HELOC Vs Home Equity Loan: How Do They Work?

Savings Corner

The average mortgage holder now has $299,000 in equity , up from $274,000 at the end of 2022, according to ICE Mortgage Technology, a real estate data analysis firm. Or, if your costs will extend over a long period of time (like paying a home contractor in installments, or college tuition for four years).

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