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Is now still a good time to use home equity?

Por: CBS News Business October 06, 2023

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Many homeowners may be sitting on piles of cash that they can withdraw from now. Getty Images/iStockphoto Following months of encouraging signs that inflation was cooling, it actually ticked up again in and one more time in , giving many experts pause. With the benchmark interest rate at a range of 5.25% to 5.50% —  — borrowers don't have many good alternatives right now. The costs of borrowing for everything from mortgages and... + full article



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