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0.000124618356283767 0.000155772945354886 0 -0.000856751199451608 0.00330238644152284 0.0031777680852389 0.0022742850021807 0.00043616424699354
Stock impact report

Cash out refinance vs. HEI [Yahoo! Finance]

Intercontinental Exchange Inc. (ICE) 
Last intercontinental exchange inc. earnings: 4/30 07:30 am Check Earnings Report
US:NYSE Investor Relations: ir.theice.com
Company Research Source: Yahoo! Finance
Cash-out refinances have long been a familiar option, but rising mortgage rates have prompted many homeowners to explore alternatives, including home equity investments (HEIs). In this guide, Splitero explains how each option works, what makes them different, and how to decide which one may be the right fit for your financial situation. A cash-out refinance replaces your existing mortgage with a new, larger one and gives you the difference as cash. This typically results in a new interest rate, a new loan term, and a new monthly payment. A home equity investment (HEI) provides a lump-sum payment in exchange for a share of the home's future value, with no monthly payments or interest. An HEI does not replace your existing mortgage. Cash-out refinances function like traditional loans, with repayment based on interest rates and a fixed term, while HEIs operate as investments, which are repurchased later based on your home's value. Both options help you access your home's value Show less Read more
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