How far will home equity loan rates drop after a Fed rate cut?
- August 12, 2024
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How far will home equity loan rates drop after a Fed rate cut
The current high-interest-rate environment has been tough on borrowers, who are facing higher rates on just about every type of credit product. In this CBSNews article by Jessica Walrack, Jill Fopiano, CEO and president of O’Brien Wealth Partners, and others give input on what a Fed rate cut could mean for home equity rates.