Labels:monitor | reckoner | sky OCR: HOME EOVITY FEES CREEP UP Lenders increased six of seven major fees associated I with home- "equity lines ot credit last year according recent survey of 106 banks and thrifts 1 the Consumer Bankers Association. Lenders luam giving APMR HEI quite much as they once did, says Richard F DeMong professor 0 commerce atthe University of Virginia and co-director of the survey Even 50. home -equiry borrow ring is much cheaper today: thanks to the sharp drop in rates from I national I average :of11.21% at the pua of 0661 toonly 8. .23% today Fee of hanks charge 1991 1990 Annual fee(43%) $50 $36 Application(10) $90 1115 Appraisal 1{77} 5201 1175 Attorney(31) 5200 $153 Credit check(1G) $13 $1 Title insurance 55 $293 $282 Title search (42) 595 Paints(8) 1.2 eguity line enders APMP chirgel 1163
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