Tag #Reverse Mortgages

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HELOC Rates Expected to Fall Further After December Fed Meeting

HELOC interest rates have dropped from 10.16% on January 3, 2024, to 8.53% on December 12, 2024, and are expected to fall further after the December Federal Reserve meeting, which is anticipated to cut the federal funds rate by 25 basis points; however, the actual change may be muted due to lenders ...

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