Home Equity loan rates for luxury homes show market still weak
August 20, 2009 by admin
Filed under Luxury Houses For Sale
If the home equity loan rates are anything to go by, the luxury home market is not out of the woods just yet. Bank of America are charging 10.59% on a 100k home equity loan and insisting on a minimum loan to value ratio of 80% and a FICO credit score of 660+.
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