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re: SBLOC for new home
Posted on 12/31/23 at 8:41 am to Skippy1013
Posted on 12/31/23 at 8:41 am to Skippy1013
How does margin borrowing work? Correct, it's not allowed in IRA money.
1
Posted on 12/31/23 at 9:50 am to hey benji
The main difference is that a margin loan may be used to buy securities while an SBLOC can not be. The interest rates on a margin loans are approaching credit card levels - 10+%. SBLOC will be more in line with mortgage rates.
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