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Should seniors tap into their home equity? 3 factors to consider

Por: CBS News Business December 05, 2023

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By tapping into their home equity, seniors can free up cash to pay for a wide array of items and expenses. Getty Images Interest rates — including those on and — have increased this year. But does that make these products a bad move in today's environment? Not necessarily.Despite their recent uptick, tend to be much lower than many other loan options. Credit card loan rates, for instance, are typically double the rates found on home... + full article



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