Here's how much a $50,000 home equity loan can cost per month after the Fed's October rate cut

By CBS News   |   1 month ago
Here's how much a $50,000 home equity loan can cost per month after the Fed's October rate cut

Angelica Leicht, a senior editor at CBSNews.com, highlights the attractive landscape for homeowners with the decline in home equity loan rates post-Fed rate cut. With an average homeowner holding over $300,000 in equity, borrowing options have become more accessible, but understanding repayment terms is crucial.

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