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What Is A Home Equity Loan?

Savings Corner

10.16% The average $30,000 HELOC rate as of the beginning of January 2024 — up from 7.62% in January 2023. Source: Bankrate national survey of lenders As for 2024: The potential for Federal Reserve interest rate cuts could be good news for home equity loans. What are average home equity loan interest rates? to 10 percent.

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