Finance
In Kentucky, a HELOC (Home Equity Line of Credit) typically has a variable interest rate based on:
AKREC's published mortgage index
BThe Prime Rate or another published index✓ Correct
CThe Federal Reserve's discount rate only
DThe Kentucky Housing Corporation's published rate
Explanation
HELOCs typically have variable interest rates tied to the Prime Rate or another published index such as the U.S.
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