Your email has been successfully added to our mailing list.

×
0.000320003029614449 0.000681663258350401 0.0004544421722336 -0.000302961448155662 -0.000302961448155662 -0.00185563886995383 -0.000833143982428124 -0.00337044611073236
Stock impact report

HELOC, home equity loan rates drop again: Which is smarter to use now? [CBS News]

CME Group Inc. - Class A (CME) 
Last cme group inc. - class a earnings: 4/29 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.cmegroup.com
Company Research Source: CBS News
to new data released by Bankrate . The average home equity loan rate declined to an average of 8.36% (down from 8.40%) while the average HELOC rate fell below 8% again, this time to 7.94%. And with a declining inflation rate and, thus, additional motivation for the Federal Reserve to reduce its federal funds rate (which helps drive home equity loan rates ), the costs of borrowing with either home equity product could soon fall further. That noted, HELOCs and home equity loans work in similar but not identical ways. So the use of either in today's unique economic climate will need to be carefully considered, especially since the home in question functions as collateral in either exchange. Fail to repay what's been borrowed and you could see your home foreclosed on by the lender . But with rates declining on both products this week, which is smarter for homeowners to use right now? That's what we'll analyze below. Start by seeing what HELOC rate you'd be eligible for here now Is a Show less Read more
Impact Snapshot
Event Time:
CME
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for CME alerts
Opt-in for
CME alerts

from News Quantified
Opt-in for
CME alerts

from News Quantified