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Do home equity loans or lines of credit have fixed or variable interest rates?

April 26, 2017credit fixed home equity interest rates Loans

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Do home equity loans or lines of credit have fixed or variable interest rates?

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At IndyMac we’re pleased to give you the choice. We offer both fixed and variable rate home equity loans for a variety of terms. Our home equity line of credit comes with a variable interest rate and interest-only payments (minimum $100).