HELOC Rates Dip to 7%: Smart Home Equity Move?

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Martedì

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Homeowners, take advantage of the current home equity line of credit (HELOC) rates, which are dipping closer to seven percent. With a record amount of home equity available, a HELOC can be a smart alternative to refinancing or selling. It allows you to tap your equity without affecting your primary mortgage, and rates are tied to the prime rate plus a lenders margin. Lenders like FourLeaf Credit Union offer introductory rates as low as five point nine nine percent for the first twelve months. Shop smart, borrow wisely, and keep your equity working for you.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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