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What is a fixed-rate HELOC, and how do they work?
The interest rate on fixed-rate HELOCs stays the same, as opposed to fluctuating as it does with traditional HELOCs. Some lenders will let you convert part of a traditional variable-rate HELOC balance ...
“When you get a fixed-rate mortgage, it's like buying insurance against inflation, and you're paying for that insurance over the whole life of the mortgage,” one expert told us. The real estate market ...
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