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CNN —Lunar dust collected by Apollo 17 astronauts in the 1970s has revealed that the moon is 40 million years older than previously believed. After landing on the moon on December 11, 1972, NASA astronauts Eugene Cernan and Harrison Schmitt collected rocks and dust from the lunar surface. A new analysis of that sample detected zircon crystals and dated them to 4.46 billion years old. “When the surface was molten like that, zircon crystals couldn’t form and survive. A lunar zircon grain is shown under a microscope.
Persons: Eugene Cernan, Harrison Schmitt, , Philipp Heck, Robert A, Heck, Bidong Zhang, Zhang, Audrey Bouvier, Jennika Greer, Greer, they’re, ” Heck, , ” Greer, Dieter Isheim Organizations: CNN, Apollo, NASA, Polar Studies, Field, Research Center, University of Chicago, University of California, Bayreuth University, University of Glasgow, Northwestern University, Field Museum, Northwestern University Center, Atom Locations: Chicago, Los Angeles, Germany, Evanston , Illinois
However, there are some key differences between the mechanics of credit cards and Helocs. Still, Helocs have far lower rates than credit cards, even for borrowers with strong credit scores. If interest rates climbed to 7% a year later, your payment would rise to $58 a month until the end of the draw period—unless interest rates move again or you draw more from the line. (Secured credit cards are an option for people with limited credit history; they require a cash down payment.) Consolidating credit card debt is another common use, since rates on credit cards can be as much as double what they are on home-equity loans.
Persons: Tanza Loudenback, Aly J, Helocs, you’ve, Robert Heck, won’t, Knight, Freddie Mac, You’re, Scott Fligel, , Eric Alexander, Heck, , ” Heck, Alexander Organizations: Yale, Federal, Federal Reserve, Northwestern Mutual, Income Locations: homeownership, Morty, Charlotte, N.C, Dallas
What is a Home Equity Line of Credit?
  + stars: | 2022-11-28 | by ( ) www.wsj.com   time to read: +9 min
Heloc interest rates are usually in line with mortgage rates. If interest rates climbed to 7% a year later, your payment would rise to $58 a month until the end of the draw period—unless interest rates move again. Helocs vs. credit cardsHelocs and credit cards are both ways to set up a so-called “revolving” line of credit which allows you to take whatever you need, whenever you need it—up to a certain limit. Helocs vs. home equity loansHome equity loans and Helocs are strategies for pulling cash out of your home. Consolidating credit card debt is another common use, since rates on credit cards can be as much as double what they are on home equity loans.
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