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  2. The truth about no-appraisal home equity loans: What ... - AOL

    www.aol.com/finance/what-is-a-no-appraisal-home...

    While interest rates are typically higher than home equity loans — currently averaging 12.33% APR for a 24-month loan but ranging from 6.94% to 35.99% — the approval process is usually faster ...

  3. Should you use your home equity to pay off high-interest debt?

    www.aol.com/finance/home-equity-loan-pay-off...

    Facing down high-interest debt can seem like an impossible hill to climb. If your debt feels insurmountable, you’re not alone. Overall debt in the U.S. rose 4.4% between 2022 and 2023, according ...

  4. Should you use a home equity loan to pay off your debts? - AOL

    www.aol.com/finance/home-equity-loan-debt...

    Student loans/educational expenses. If you need to pay off student loans, borrowing money from your home is one possible way to do it — provided the home equity loan offers a lower interest rate ...

  5. Personal loan vs. home equity loan: Which is the best fit for ...

    www.aol.com/finance/personal-loan-vs-home-equity...

    Sources. Publication 936 (2023), Home Mortgage Interest Deduction, IRS.Accessed September 3, 2024. Finance Rate on Personal Loans at Commercial Banks, Federal Reserve Bank of St. Louis.Accessed ...

  6. Fact vs. fiction: Top 8 common home equity myths — debunked

    www.aol.com/finance/home-equity-myths-debunked...

    Reverse mortgages — Type of loan for homeowners ages 62 and older to borrow against their home equity, using their home as collateral — yet instead of you repaying the lender, the lender pays ...

  7. 4 ways to get equity out of your home — and what to know ...

    www.aol.com/finance/how-to-get-equity-out-of...

    Though current average rates for a home equity loan are at 7.5% and higher, you’d pay that rate only on the equity you’re borrowing with the loan. And some lenders don’t require closing ...

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