How much is a $20,000 home equity loan monthly now that interest rates have been cut?
Want to borrow $20,000 worth of your home equity? Here's what a loan costs monthly now that rates have been cut.
Watch CBS News
Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance. Previously, he worked as a senior editor for FoxNews.com and FoxBusiness.com. A former sports reporter, Matt covered professional boxing in New York City for 18 years. He is the former Vice President and Secretary for the Boxing Writers Association of America (BWAA) and is an elector for the International Boxing Hall of Fame. He has a master's degree in journalism from Columbia University.
Want to borrow $20,000 worth of your home equity? Here's what a loan costs monthly now that rates have been cut.
The opportunity to lock in a high-rate CD account is closing. Here's why savers should open one in early October.
Has the new Fed rate cut helped lower the costs associated with a home equity loan of this size? Here's what to know.
With HELOC interest rates already under 8%, this could be the smart way for homeowners to borrow now. Here's why.
A $40,000 HELOC could be affordable for homeowners now, and it could become less expensive in the near future.
Costs associated with home equity loans are falling. Here's how much a $75,000 home equity loan costs monthly now.
Rates on both products are lower right now. Here's which one is cheaper for homeowners looking for $100,000 now.
Mortgage interest rates recently hit a three-year low. Here are three important questions homebuyers should ask next.
Considering a $80,000 home equity loan now? Here's what it could cost monthly now that the Fed cut interest rates.
A $40,000 home equity loan could be an affordable way to borrow now that the Federal Reserve is cutting rates again.
Using a home equity loan to buy a second home after rates were cut could make sense for some homeowners. Here's why.
Following a new Fed rate cut, here's how much a $60,000 HELOC costs monthly now (and why it could be worth opening).
Interest rate cuts haven't identically impacted each home equity borrowing product. Here's which is cheaper now.
Are you a homebuyer waiting for another mortgage rate drop in October? Here's what to do while waiting.
The Federal Reserve just issued its first rate cut of 2025. Here's what a $100,000 home equity loan costs monthly now.