ocr: HOME-EQUITYFEES CREEPUP Lenders increased Six ol seven major fees associatedwith tome-cquty/mesolcredit last year, accurding to a recent survey of 106 banks and thrifts by the Consumer Bankers Association. "Lenders aren'l giving way HELS quite as much as they once did," - - - says Richard F. DeMong, protessor of commerce att the University ofVirginia andco-director of the survey. Even 50, home-equity borrowing is much cheaper today. thanks to the sharpdrop in rates trom a national averageofll.2iCat the endof19900 to onlyi 8.23%0 today. Fee N of banks that chargel 1991 990 Annualtee (438) 350 $ ...
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