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Business & Economy

My rental property is paid off, but I need cash. Is this a bad time to take out a $50,000 HELOC?

The Federal Reserve announced a quarter-percentage-point interest-rate hike Wednesday, to a range of 3.75%-4.0%.

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The Federal Reserve raised its benchmark interest rate by a quarter‑percentage point, moving the range to 3.75%–4.0%.

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