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After some minor increases earlier in May, interest rates on home equity lines of credit (HELOCs) reversed course and declined again this week, according to new Bankrate data. Now, at an average rate ...
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Interest rates are cooling overall, which has led to more affordable costs on borrowing products like mortgages, personal loans and other lending options. But home equity lines of credit (HELOCs), in ...
Interest rates on home equity lines of credit (HELOCs) have been in a steady decline since the fall of last year. In fact, rates are now averaging around 8% — down significantly from their almost 10% ...