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How much would a $50,000 home equity loan cost per month?

Por: CBS News Business September 25, 2023

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Trying to find the right home equity loan balance for your budget? Then you should know what you could pay each month for a $50,000 loan. Getty Images The last 18 months have been tough on prospective homebuyers. Not only have stayed low, but due, in large part, to steady demand. And, thanks to 11 recent Fed rate hikes, the average rate on a 30-year fixed mortgage loan is — over double what borrowers were being offered in 2020 and 2021. In... + full article



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