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Smart Mortgage Strategies: From Refinancing to HELOC

NerdWallet's Smart Money Podcast

CHAPTER

Understanding HELOCs: Structure and Strategies

This chapter explores the workings of Home Equity Lines of Credit (HELOCs), explaining their structure, interest rates, and borrowing options. It offers a detailed comparison of fixed versus variable rates, emphasizing the importance of rate locking and its impact on financial planning.

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