How are fixed home equity loan rates determined?
Pablo1709 asked: I’ve noticed on historic charts that there doesn’t seem to be any correlation between home equity loans and HELOCS or mortgage rates. I know HELOCs are usually based off of the prime rate, but what determines how fixed home equity loan rates fluctuate?
August 13, 2008
• Tags: Correlation, Fixed Home Equity Loan, Home Equity Loan Rates, Home Equity Loans, Prime Rate • Posted in: Credit • No Comments
