Home equity loan rates have been falling. Here's how much a $25,000 loan costs monthly now, post-October Fed rate cut.
Home equity loan rates are dropping. Here's how much a $20,000 home equity loan will cost borrowers monthly now.
Monthly payments on a home equity loan of this size have dropped following recent Federal Reserve interest rate cuts.
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Mortgage Research Center. Rates averaged 5.4% for a 15-year financed mortgage and 6.07% for a 20-year financed mortgage.