{"id":54624,"date":"2025-11-04T21:31:34","date_gmt":"2025-11-04T21:31:34","guid":{"rendered":"https:\/\/site.itshrt.com\/worldnews\/how-much-will-a-40000-home-equity-loan-cost-monthly-following-the-feds-october-rate-cut\/"},"modified":"2025-11-04T21:31:34","modified_gmt":"2025-11-04T21:31:34","slug":"how-much-will-a-40000-home-equity-loan-cost-monthly-following-the-feds-october-rate-cut","status":"publish","type":"post","link":"https:\/\/site.itshrt.com\/worldnews\/how-much-will-a-40000-home-equity-loan-cost-monthly-following-the-feds-october-rate-cut\/","title":{"rendered":"How much will a $40,000 home equity loan cost monthly following the Fed&#8217;s October rate cut?"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<\/p>\n<div id=\"\">\n<figure class=\"embed embed--type-image is-image embed--float-none embed--size-medium\">\n<p>      <span class=\"img embed__content\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2025\/11\/04\/3ac8e91d-e5d8-4d40-85be-069f6b9d4728\/thumbnail\/620x413\/99760a9122181915afc1376e1000d380\/gettyimages-185102898.jpg#\" alt=\"gettyimages-185102898.jpg \" height=\"413\" width=\"620\" class=\" lazyload\" srcset=\"https:\/\/assets1.cbsnewsstatic.com\/hub\/i\/r\/2025\/11\/04\/3ac8e91d-e5d8-4d40-85be-069f6b9d4728\/thumbnail\/620x413\/99760a9122181915afc1376e1000d380\/gettyimages-185102898.jpg 1x, https:\/\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2025\/11\/04\/3ac8e91d-e5d8-4d40-85be-069f6b9d4728\/thumbnail\/1240x826\/8b6afa23390bffeace3c7186235fee9e\/gettyimages-185102898.jpg 2x\" loading=\"lazy\"\/><\/span><figcaption class=\"embed__caption-container\">\n<p>                  <span class=\"embed__caption\">The costs associated with a $40,000 home equity loan are declining again now that the Fed cut interest rates.<\/span><\/p>\n<p>                  <span class=\"embed__credit\"><\/p>\n<p>                BanksPhotos\/Getty Images<\/p>\n<p>                          <\/span><br \/>\n              <\/figcaption><\/figure>\n<p>For those adults in need of extra financing now, it may be tempting to simply ask for a credit line increase from a credit card company. Or they can apply for a personal loan to help make ends meet. But the reality is that interest rates on both products are comfortably in the double digits now with <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/why-credit-card-rates-are-so-high-now-what-to-do-about-it\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">credit card rates<\/a><\/span>, in particular, over 20%. So applying for either comes with hefty costs.<\/p>\n<p>Homeowners, however, can comfortably avoid both by turning to their <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/what-is-home-equity\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">home equity<\/a><\/span>\u00a0instead. <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/home-equity-levels-hit-new-high-how-to-borrow-yours-now\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">Home equity levels<\/a><\/span> are robust now, and the <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/whats-the-average-home-equity-amount-right-now\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">average equity amount<\/a><\/span> sits around $300,000, so borrowing a five-figure amount like $40,000 should be relatively easy. And with <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/todays-heloc-and-home-equity-loan-interest-rates\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">rates on home equity loans<\/a><\/span>\u00a0falling after a series of <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/federal-reserve-interest-rate-decision-today-fomc-meeting\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">Federal Reserve rate reductions<\/a><\/span>, this is now one of the most affordable ways to borrow money. Plus, home equity loans have <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/how-to-decide-fixed-or-variable-rate-home-equity-loan\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">fixed interest rates<\/a><\/span>, so if the rate climate heats up in the future, the low rate you lock in now will remain the same for the duration of your <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/heloc-draw-repayment-periods-what-to-know\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">repayment period<\/a><\/span>.<\/p>\n<p>That all noted, home equity loans <em>do<\/em> leverage your equity. And with the <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/can-you-lose-your-home-with-a-home-equity-loan\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">home functioning as collateral<\/a><\/span> and the associated risks obvious, it&#8217;s critical that you can afford to make the monthly payments as agreed to. But how much will a $40,000 home equity loan cost monthly now, following the Fed&#8217;s October rate reduction? Below, we&#8217;ll do the math.<\/p>\n<p><a href=\"https:\/\/www.bankrate.com\/landing\/cbsnews\/best-home-equity-options\/?sub-id=www.cbsnews.com\/news\/how-much-will-a-40000-home-equity-loan-cost-monthly-following-the-feds-october-rate-cut\" target=\"_blank\" rel=\"nofollow, sponsored, noopener\">See how much home equity you&#8217;d be eligible to borrow here<\/a>.<\/p>\n<h2><strong>How much will a $40,000 home equity loan cost monthly following the Fed&#8217;s October rate cut?<\/strong><\/h2>\n<p>No matter the amount, calculating the exact home equity loan repayment costs is simple to do thanks to that fixed interest rate. Here&#8217;s how much a $40,000 home equity loan will cost monthly if secured now, post-October Fed rate cut, calculated against two common repayment periods:<\/p>\n<ul>\n<li><strong><strong>10-year home equity loan at 8.21%: <\/strong><\/strong>$489.76 per month<\/li>\n<li><strong><strong>15-year home equity loan at 8.10%: <\/strong><\/strong>$384.57 per month<\/li>\n<\/ul>\n<p>Those rates are already lower than <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/heres-how-much-a-40000-home-equity-loan-costs-monthly-now-that-the-fed-cut-interest-rates\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">what was available just in September<\/a><\/span>. Here&#8217;s what a $40,000 home equity loan would have cost at that point:<\/p>\n<ul>\n<li><strong>10-year home equity loan at 8.43%:<\/strong> $494.45 per month<\/li>\n<li><strong>15-year home equity loan at 8.31%: <\/strong>$389.45 per month<\/li>\n<\/ul>\n<p>And here&#8217;s what it cost <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/how-much-does-40000-home-equity-loan-cost-monthly-in-2025\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">in February 2025<\/a><\/span>:<\/p>\n<ul>\n<li><strong>10-year home equity loan at 8.57%: <\/strong>$497.44 per month\u00a0<\/li>\n<li><strong>15-year home equity loan at 8.52%: <\/strong>$394.36 per month<\/li>\n<\/ul>\n<p>So, while only down a few dollars per month, regardless of the repayment term, <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/todays-heloc-and-home-equity-loan-interest-rates\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">home equity loan rates<\/a><\/span> and costs are heading in the right, more affordable direction for homeowners. And that adds up to real savings over the extended repayment period. But it&#8217;s important to remember that these rates don&#8217;t have to remain the same over time if you don&#8217;t want them to. You can always <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/why-refinancing-home-equity-loan-makes-sense-april-2025\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">refinance<\/a><\/span> your loan if and when rates decline in the future.<\/p>\n<p><a href=\"https:\/\/www.bankrate.com\/landing\/cbsnews\/best-home-equity-options\/?sub-id=www.cbsnews.com\/news\/how-much-will-a-40000-home-equity-loan-cost-monthly-following-the-feds-october-rate-cut\" target=\"_blank\" rel=\"nofollow, sponsored, noopener\">Get started with a low rate home equity loan here now<\/a>.<\/p>\n<h2><strong>The bottom line<\/strong><\/h2>\n<p>A $40,000 home equity loan comes with monthly payments ranging from $385 to $490 currently, making a loan of this size more affordable than it was earlier this fall and even in the winter of 2025. And with <a href=\"https:\/\/www.cmegroup.com\/markets\/interest-rates\/cme-fedwatch-tool.html\" target=\"_blank\" rel=\"nofollow noopener\">another Fed rate cut possible for the bank&#8217;s final meeting in 2025<\/a> and with rates here already materially lower than they are with credit cards and personal loans, this could be the smart time to start exploring your home equity loan options.\u00a0<\/p>\n<section class=\"content__body--footer\">\n<p class=\"content__meta--editors\">\n      Edited by<\/p>\n<p>                                  <a href=\"https:\/\/www.cbsnews.com\/team\/angelica-leicht\/\" class=\"byline__author__link\" data-invalid-url-rewritten-http=\"\">Angelica  Leicht<\/a>\n                      <\/p>\n<\/section>\n<section class=\"content__body--footer\">\n      <!-- tags --><br \/>\n    <\/section>\n<\/p><\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.cbsnews.com\/news\/how-much-40000-home-equity-loan-cost-fed-october-2025-rate-cut\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The costs associated with a $40,000 home equity loan are declining again now that the Fed cut interest rates. BanksPhotos\/Getty<\/p>\n","protected":false},"author":1,"featured_media":54625,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[32],"tags":[],"class_list":["post-54624","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-stories"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How much will a $40,000 home equity loan cost monthly following the Fed&#039;s October rate cut? - World News<\/title>\n<meta name=\"description\" content=\"Home equity loan rates are falling. Here&amp;#039;s what a $40,000 home equity loan costs now, post-October Fed rate cut.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/site.itshrt.com\/worldnews\/how-much-will-a-40000-home-equity-loan-cost-monthly-following-the-feds-october-rate-cut\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How much will a $40,000 home equity loan cost monthly following the Fed&#039;s October rate cut? - World News\" \/>\n<meta property=\"og:description\" content=\"Home equity loan rates are falling. Here&amp;#039;s what a $40,000 home equity loan costs now, post-October Fed rate cut.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/site.itshrt.com\/worldnews\/how-much-will-a-40000-home-equity-loan-cost-monthly-following-the-feds-october-rate-cut\/\" \/>\n<meta property=\"og:site_name\" content=\"World News\" \/>\n<meta property=\"article:published_time\" content=\"2025-11-04T21:31:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2025\/11\/04\/664d9290-64a7-4693-8e2e-30b0016286d2\/thumbnail\/1200x630\/869e849364118f986aa04fdb2fac313c\/gettyimages-185102898.jpg\" \/><meta property=\"og:image\" content=\"https:\/\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2025\/11\/04\/664d9290-64a7-4693-8e2e-30b0016286d2\/thumbnail\/1200x630\/869e849364118f986aa04fdb2fac313c\/gettyimages-185102898.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"998\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2025\/11\/04\/664d9290-64a7-4693-8e2e-30b0016286d2\/thumbnail\/1200x630\/869e849364118f986aa04fdb2fac313c\/gettyimages-185102898.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/how-much-will-a-40000-home-equity-loan-cost-monthly-following-the-feds-october-rate-cut\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/how-much-will-a-40000-home-equity-loan-cost-monthly-following-the-feds-october-rate-cut\/\"},\"author\":{\"name\":\"News\",\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/#\/schema\/person\/1d8ae7348e048cb7984f26b4dd818ff2\"},\"headline\":\"How much will a $40,000 home equity loan cost monthly following the Fed&#8217;s October rate cut?\",\"datePublished\":\"2025-11-04T21:31:34+00:00\",\"dateModified\":\"2025-11-04T21:31:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/how-much-will-a-40000-home-equity-loan-cost-monthly-following-the-feds-october-rate-cut\/\"},\"wordCount\":584,\"publisher\":{\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/#organization\"},\"image\":{\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/how-much-will-a-40000-home-equity-loan-cost-monthly-following-the-feds-october-rate-cut\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i1.wp.com\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2025\/11\/04\/664d9290-64a7-4693-8e2e-30b0016286d2\/thumbnail\/1200x630\/869e849364118f986aa04fdb2fac313c\/gettyimages-185102898.jpg?w=1200&resize=1200,630&ssl=1\",\"articleSection\":[\"Top Stories\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/how-much-will-a-40000-home-equity-loan-cost-monthly-following-the-feds-october-rate-cut\/\",\"url\":\"https:\/\/site.itshrt.com\/worldnews\/how-much-will-a-40000-home-equity-loan-cost-monthly-following-the-feds-october-rate-cut\/\",\"name\":\"How much will a $40,000 home equity loan cost monthly following the Fed's October rate cut? - World News\",\"isPartOf\":{\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/how-much-will-a-40000-home-equity-loan-cost-monthly-following-the-feds-october-rate-cut\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/how-much-will-a-40000-home-equity-loan-cost-monthly-following-the-feds-october-rate-cut\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i1.wp.com\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2025\/11\/04\/664d9290-64a7-4693-8e2e-30b0016286d2\/thumbnail\/1200x630\/869e849364118f986aa04fdb2fac313c\/gettyimages-185102898.jpg?w=1200&resize=1200,630&ssl=1\",\"datePublished\":\"2025-11-04T21:31:34+00:00\",\"dateModified\":\"2025-11-04T21:31:34+00:00\",\"description\":\"Home equity loan rates are falling. Here&amp;#039;s what a $40,000 home equity loan costs now, post-October Fed rate cut.\",\"breadcrumb\":{\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/how-much-will-a-40000-home-equity-loan-cost-monthly-following-the-feds-october-rate-cut\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/site.itshrt.com\/worldnews\/how-much-will-a-40000-home-equity-loan-cost-monthly-following-the-feds-october-rate-cut\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/how-much-will-a-40000-home-equity-loan-cost-monthly-following-the-feds-october-rate-cut\/#primaryimage\",\"url\":\"https:\/\/i1.wp.com\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2025\/11\/04\/664d9290-64a7-4693-8e2e-30b0016286d2\/thumbnail\/1200x630\/869e849364118f986aa04fdb2fac313c\/gettyimages-185102898.jpg?w=1200&resize=1200,630&ssl=1\",\"contentUrl\":\"https:\/\/i1.wp.com\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2025\/11\/04\/664d9290-64a7-4693-8e2e-30b0016286d2\/thumbnail\/1200x630\/869e849364118f986aa04fdb2fac313c\/gettyimages-185102898.jpg?w=1200&resize=1200,630&ssl=1\",\"width\":1200,\"height\":630},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/how-much-will-a-40000-home-equity-loan-cost-monthly-following-the-feds-october-rate-cut\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/site.itshrt.com\/worldnews\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"How much will a $40,000 home equity loan cost monthly following the Fed&#8217;s October rate cut?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/#website\",\"url\":\"https:\/\/site.itshrt.com\/worldnews\/\",\"name\":\"World News\",\"description\":\"World News\",\"publisher\":{\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/site.itshrt.com\/worldnews\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/#organization\",\"name\":\"World News\",\"url\":\"https:\/\/site.itshrt.com\/worldnews\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/site.itshrt.com\/worldnews\/wp-content\/uploads\/sites\/13\/2025\/01\/cropped-download.png\",\"contentUrl\":\"https:\/\/site.itshrt.com\/worldnews\/wp-content\/uploads\/sites\/13\/2025\/01\/cropped-download.png\",\"width\":581,\"height\":581,\"caption\":\"World News\"},\"image\":{\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/#\/schema\/person\/1d8ae7348e048cb7984f26b4dd818ff2\",\"name\":\"News\",\"url\":\"https:\/\/site.itshrt.com\/worldnews\/author\/admin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"How much will a $40,000 home equity loan cost monthly following the Fed's October rate cut? - World News","description":"Home equity loan rates are falling. Here&amp;#039;s what a $40,000 home equity loan costs now, post-October Fed rate cut.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/site.itshrt.com\/worldnews\/how-much-will-a-40000-home-equity-loan-cost-monthly-following-the-feds-october-rate-cut\/","og_locale":"en_US","og_type":"article","og_title":"How much will a $40,000 home equity loan cost monthly following the Fed's October rate cut? - World News","og_description":"Home equity loan rates are falling. Here&amp;#039;s what a $40,000 home equity loan costs now, post-October Fed rate cut.","og_url":"https:\/\/site.itshrt.com\/worldnews\/how-much-will-a-40000-home-equity-loan-cost-monthly-following-the-feds-october-rate-cut\/","og_site_name":"World News","article_published_time":"2025-11-04T21:31:34+00:00","og_image":[{"url":"https:\/\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2025\/11\/04\/664d9290-64a7-4693-8e2e-30b0016286d2\/thumbnail\/1200x630\/869e849364118f986aa04fdb2fac313c\/gettyimages-185102898.jpg","type":"","width":"","height":""},{"url":"https:\/\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2025\/11\/04\/664d9290-64a7-4693-8e2e-30b0016286d2\/thumbnail\/1200x630\/869e849364118f986aa04fdb2fac313c\/gettyimages-185102898.jpg","width":1920,"height":998,"type":"image\/jpeg"}],"author":"News","twitter_card":"summary_large_image","twitter_image":"https:\/\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2025\/11\/04\/664d9290-64a7-4693-8e2e-30b0016286d2\/thumbnail\/1200x630\/869e849364118f986aa04fdb2fac313c\/gettyimages-185102898.jpg","twitter_misc":{"Written by":"News","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/site.itshrt.com\/worldnews\/how-much-will-a-40000-home-equity-loan-cost-monthly-following-the-feds-october-rate-cut\/#article","isPartOf":{"@id":"https:\/\/site.itshrt.com\/worldnews\/how-much-will-a-40000-home-equity-loan-cost-monthly-following-the-feds-october-rate-cut\/"},"author":{"name":"News","@id":"https:\/\/site.itshrt.com\/worldnews\/#\/schema\/person\/1d8ae7348e048cb7984f26b4dd818ff2"},"headline":"How much will a $40,000 home equity loan cost monthly following the Fed&#8217;s October rate cut?","datePublished":"2025-11-04T21:31:34+00:00","dateModified":"2025-11-04T21:31:34+00:00","mainEntityOfPage":{"@id":"https:\/\/site.itshrt.com\/worldnews\/how-much-will-a-40000-home-equity-loan-cost-monthly-following-the-feds-october-rate-cut\/"},"wordCount":584,"publisher":{"@id":"https:\/\/site.itshrt.com\/worldnews\/#organization"},"image":{"@id":"https:\/\/site.itshrt.com\/worldnews\/how-much-will-a-40000-home-equity-loan-cost-monthly-following-the-feds-october-rate-cut\/#primaryimage"},"thumbnailUrl":"https:\/\/i1.wp.com\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2025\/11\/04\/664d9290-64a7-4693-8e2e-30b0016286d2\/thumbnail\/1200x630\/869e849364118f986aa04fdb2fac313c\/gettyimages-185102898.jpg?w=1200&resize=1200,630&ssl=1","articleSection":["Top Stories"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/site.itshrt.com\/worldnews\/how-much-will-a-40000-home-equity-loan-cost-monthly-following-the-feds-october-rate-cut\/","url":"https:\/\/site.itshrt.com\/worldnews\/how-much-will-a-40000-home-equity-loan-cost-monthly-following-the-feds-october-rate-cut\/","name":"How much will a $40,000 home equity loan cost monthly following the Fed's October rate cut? - World News","isPartOf":{"@id":"https:\/\/site.itshrt.com\/worldnews\/#website"},"primaryImageOfPage":{"@id":"https:\/\/site.itshrt.com\/worldnews\/how-much-will-a-40000-home-equity-loan-cost-monthly-following-the-feds-october-rate-cut\/#primaryimage"},"image":{"@id":"https:\/\/site.itshrt.com\/worldnews\/how-much-will-a-40000-home-equity-loan-cost-monthly-following-the-feds-october-rate-cut\/#primaryimage"},"thumbnailUrl":"https:\/\/i1.wp.com\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2025\/11\/04\/664d9290-64a7-4693-8e2e-30b0016286d2\/thumbnail\/1200x630\/869e849364118f986aa04fdb2fac313c\/gettyimages-185102898.jpg?w=1200&resize=1200,630&ssl=1","datePublished":"2025-11-04T21:31:34+00:00","dateModified":"2025-11-04T21:31:34+00:00","description":"Home equity loan rates are falling. Here&amp;#039;s what a $40,000 home equity loan costs now, post-October Fed rate cut.","breadcrumb":{"@id":"https:\/\/site.itshrt.com\/worldnews\/how-much-will-a-40000-home-equity-loan-cost-monthly-following-the-feds-october-rate-cut\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/site.itshrt.com\/worldnews\/how-much-will-a-40000-home-equity-loan-cost-monthly-following-the-feds-october-rate-cut\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/site.itshrt.com\/worldnews\/how-much-will-a-40000-home-equity-loan-cost-monthly-following-the-feds-october-rate-cut\/#primaryimage","url":"https:\/\/i1.wp.com\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2025\/11\/04\/664d9290-64a7-4693-8e2e-30b0016286d2\/thumbnail\/1200x630\/869e849364118f986aa04fdb2fac313c\/gettyimages-185102898.jpg?w=1200&resize=1200,630&ssl=1","contentUrl":"https:\/\/i1.wp.com\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2025\/11\/04\/664d9290-64a7-4693-8e2e-30b0016286d2\/thumbnail\/1200x630\/869e849364118f986aa04fdb2fac313c\/gettyimages-185102898.jpg?w=1200&resize=1200,630&ssl=1","width":1200,"height":630},{"@type":"BreadcrumbList","@id":"https:\/\/site.itshrt.com\/worldnews\/how-much-will-a-40000-home-equity-loan-cost-monthly-following-the-feds-october-rate-cut\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/site.itshrt.com\/worldnews\/"},{"@type":"ListItem","position":2,"name":"How much will a $40,000 home equity loan cost monthly following the Fed&#8217;s October rate cut?"}]},{"@type":"WebSite","@id":"https:\/\/site.itshrt.com\/worldnews\/#website","url":"https:\/\/site.itshrt.com\/worldnews\/","name":"World News","description":"World News","publisher":{"@id":"https:\/\/site.itshrt.com\/worldnews\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/site.itshrt.com\/worldnews\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/site.itshrt.com\/worldnews\/#organization","name":"World News","url":"https:\/\/site.itshrt.com\/worldnews\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/site.itshrt.com\/worldnews\/#\/schema\/logo\/image\/","url":"https:\/\/site.itshrt.com\/worldnews\/wp-content\/uploads\/sites\/13\/2025\/01\/cropped-download.png","contentUrl":"https:\/\/site.itshrt.com\/worldnews\/wp-content\/uploads\/sites\/13\/2025\/01\/cropped-download.png","width":581,"height":581,"caption":"World News"},"image":{"@id":"https:\/\/site.itshrt.com\/worldnews\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/site.itshrt.com\/worldnews\/#\/schema\/person\/1d8ae7348e048cb7984f26b4dd818ff2","name":"News","url":"https:\/\/site.itshrt.com\/worldnews\/author\/admin\/"}]}},"magazineBlocksPostFeaturedMedia":{"thumbnail":"https:\/\/i1.wp.com\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2025\/11\/04\/664d9290-64a7-4693-8e2e-30b0016286d2\/thumbnail\/1200x630\/869e849364118f986aa04fdb2fac313c\/gettyimages-185102898.jpg?w=150&resize=150,150&ssl=1","medium":"https:\/\/i1.wp.com\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2025\/11\/04\/664d9290-64a7-4693-8e2e-30b0016286d2\/thumbnail\/1200x630\/869e849364118f986aa04fdb2fac313c\/gettyimages-185102898.jpg?w=300&resize=300,300&ssl=1","medium_large":"https:\/\/i1.wp.com\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2025\/11\/04\/664d9290-64a7-4693-8e2e-30b0016286d2\/thumbnail\/1200x630\/869e849364118f986aa04fdb2fac313c\/gettyimages-185102898.jpg?w=768&resize=768,0&ssl=1","large":"https:\/\/i1.wp.com\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2025\/11\/04\/664d9290-64a7-4693-8e2e-30b0016286d2\/thumbnail\/1200x630\/869e849364118f986aa04fdb2fac313c\/gettyimages-185102898.jpg?w=1024&resize=1024,1024&ssl=1","1536x1536":"https:\/\/i1.wp.com\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2025\/11\/04\/664d9290-64a7-4693-8e2e-30b0016286d2\/thumbnail\/1200x630\/869e849364118f986aa04fdb2fac313c\/gettyimages-185102898.jpg?w=1536&resize=1536,1536&ssl=1","2048x2048":"https:\/\/i1.wp.com\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2025\/11\/04\/664d9290-64a7-4693-8e2e-30b0016286d2\/thumbnail\/1200x630\/869e849364118f986aa04fdb2fac313c\/gettyimages-185102898.jpg?w=2048&resize=2048,2048&ssl=1","colormag-highlighted-post":"https:\/\/i1.wp.com\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2025\/11\/04\/664d9290-64a7-4693-8e2e-30b0016286d2\/thumbnail\/1200x630\/869e849364118f986aa04fdb2fac313c\/gettyimages-185102898.jpg?w=392&resize=392,272&ssl=1","colormag-featured-post-medium":"https:\/\/i1.wp.com\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2025\/11\/04\/664d9290-64a7-4693-8e2e-30b0016286d2\/thumbnail\/1200x630\/869e849364118f986aa04fdb2fac313c\/gettyimages-185102898.jpg?w=390&resize=390,205&ssl=1","colormag-featured-post-small":"https:\/\/i1.wp.com\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2025\/11\/04\/664d9290-64a7-4693-8e2e-30b0016286d2\/thumbnail\/1200x630\/869e849364118f986aa04fdb2fac313c\/gettyimages-185102898.jpg?w=130&resize=130,90&ssl=1","colormag-featured-image":"https:\/\/i1.wp.com\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2025\/11\/04\/664d9290-64a7-4693-8e2e-30b0016286d2\/thumbnail\/1200x630\/869e849364118f986aa04fdb2fac313c\/gettyimages-185102898.jpg?w=800&resize=800,445&ssl=1","colormag-default-news":"https:\/\/i1.wp.com\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2025\/11\/04\/664d9290-64a7-4693-8e2e-30b0016286d2\/thumbnail\/1200x630\/869e849364118f986aa04fdb2fac313c\/gettyimages-185102898.jpg?w=150&resize=150,150&ssl=1","colormag-featured-image-large":"https:\/\/i1.wp.com\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2025\/11\/04\/664d9290-64a7-4693-8e2e-30b0016286d2\/thumbnail\/1200x630\/869e849364118f986aa04fdb2fac313c\/gettyimages-185102898.jpg?w=1400&resize=1400,600&ssl=1","colormag-elementor-block-extra-large-thumbnail":"https:\/\/i1.wp.com\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2025\/11\/04\/664d9290-64a7-4693-8e2e-30b0016286d2\/thumbnail\/1200x630\/869e849364118f986aa04fdb2fac313c\/gettyimages-185102898.jpg?w=1155&resize=1155,480&ssl=1","colormag-elementor-grid-large-thumbnail":"https:\/\/i1.wp.com\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2025\/11\/04\/664d9290-64a7-4693-8e2e-30b0016286d2\/thumbnail\/1200x630\/869e849364118f986aa04fdb2fac313c\/gettyimages-185102898.jpg?w=600&resize=600,417&ssl=1","colormag-elementor-grid-small-thumbnail":"https:\/\/i1.wp.com\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2025\/11\/04\/664d9290-64a7-4693-8e2e-30b0016286d2\/thumbnail\/1200x630\/869e849364118f986aa04fdb2fac313c\/gettyimages-185102898.jpg?w=285&resize=285,450&ssl=1","colormag-elementor-grid-medium-large-thumbnail":"https:\/\/i1.wp.com\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2025\/11\/04\/664d9290-64a7-4693-8e2e-30b0016286d2\/thumbnail\/1200x630\/869e849364118f986aa04fdb2fac313c\/gettyimages-185102898.jpg?w=575&resize=575,198&ssl=1"},"magazineBlocksPostAuthor":{"name":"News","avatar":"https:\/\/secure.gravatar.com\/avatar\/e85cf08852547781a5f631f3713dbb5197ed4b54e32ae19c7d5769b8c8504897?s=96&d=mm&r=g"},"magazineBlocksPostCommentsNumber":false,"magazineBlocksPostExcerpt":"The costs associated with a $40,000 home equity loan are declining again now that the Fed cut interest rates. BanksPhotos\/Getty","magazineBlocksPostCategories":["Top Stories"],"magazineBlocksPostViewCount":13,"magazineBlocksPostReadTime":3,"magazine_blocks_featured_image_url":{"full":["https:\/\/i1.wp.com\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2025\/11\/04\/664d9290-64a7-4693-8e2e-30b0016286d2\/thumbnail\/1200x630\/869e849364118f986aa04fdb2fac313c\/gettyimages-185102898.jpg?w=1200&resize=1200,630&ssl=1",1200,630,false],"medium":["https:\/\/i1.wp.com\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2025\/11\/04\/664d9290-64a7-4693-8e2e-30b0016286d2\/thumbnail\/1200x630\/869e849364118f986aa04fdb2fac313c\/gettyimages-185102898.jpg?w=300&resize=300,300&ssl=1",300,300,false],"thumbnail":["https:\/\/i1.wp.com\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2025\/11\/04\/664d9290-64a7-4693-8e2e-30b0016286d2\/thumbnail\/1200x630\/869e849364118f986aa04fdb2fac313c\/gettyimages-185102898.jpg?w=150&resize=150,150&ssl=1",150,150,false]},"magazine_blocks_author":{"display_name":"News","author_link":"https:\/\/site.itshrt.com\/worldnews\/author\/admin\/"},"magazine_blocks_comment":0,"magazine_blocks_author_image":"https:\/\/secure.gravatar.com\/avatar\/e85cf08852547781a5f631f3713dbb5197ed4b54e32ae19c7d5769b8c8504897?s=96&d=mm&r=g","magazine_blocks_category":"<a href=\"#\" class=\"category-link category-link-32\">Top Stories<\/a>","_links":{"self":[{"href":"https:\/\/site.itshrt.com\/worldnews\/wp-json\/wp\/v2\/posts\/54624","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/site.itshrt.com\/worldnews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/site.itshrt.com\/worldnews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/site.itshrt.com\/worldnews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/site.itshrt.com\/worldnews\/wp-json\/wp\/v2\/comments?post=54624"}],"version-history":[{"count":0,"href":"https:\/\/site.itshrt.com\/worldnews\/wp-json\/wp\/v2\/posts\/54624\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/site.itshrt.com\/worldnews\/wp-json\/wp\/v2\/media\/54625"}],"wp:attachment":[{"href":"https:\/\/site.itshrt.com\/worldnews\/wp-json\/wp\/v2\/media?parent=54624"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/site.itshrt.com\/worldnews\/wp-json\/wp\/v2\/categories?post=54624"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/site.itshrt.com\/worldnews\/wp-json\/wp\/v2\/tags?post=54624"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}