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Homeowners Tap Into Their Rising Home Equity

American homeowners have accrued hundreds of thousands of dollars in home equity and they’re increasingly borrowing against that value, even though interest rates remain high. Home equity, the difference between your home’s value and what you owe on your mortgage, has ballooned as home prices have risen. American homeowners with …

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Money Market Rates Are Lower, Yes. But Compared to What?

When money market interest rates broke above 5 percent last year, it was a wake-up call for many investors who had grown accustomed to getting almost nothing for their money at banks. Hundreds of billions of dollars flowed into the funds, which swelled in size month after month. Now that …

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