Can I lock in an interest rate on a Home Equity Line of Credit?

The Home Equity Line of Credit is a variable rate product tied to Prime Rate. As such, the interest rate cannot be locked. However, if eligible, you will receive an introductory rate for 6 months.

If you have an existing Home Equity Line of Credit, you have the option to convert a portion of your line or the entire line to a fixed-rate loan .

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