Vickers: Consumers should be cautious about PACE loans

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Data on PACE loans in Florida shows an average rate of 8.05 percent on a 20-year loan. A homeowner generally can receive a home equity line of credit or other mortgage re-financing for much less than the cost of a PACE loan. PACE loans do not provide the ... more

Posted: Sat, 12 Aug 2017 22:00:00 GMT



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