A HELOC could wreak havoc on your credit score if you draw out the maximum amount available. Because it is a line of credit, ...

We have decided to pay off a bunch of bills and do some much-needed repairs on our house. Can you tell me the difference ...

A $200K home equity loan or HELOC could be the borrowing option you need, but there are some factors to consider before ...

Provided you continue to meet contract requirements, your HELOC APR will stay locked in at the low promotional rate for the ...

If you're a homeowner considering borrowing with a HELOC, waiting for Fed rate cuts may not make sense. Here's why.

Kim is a freelance contributor to Newsweek’s personal finance team. She began her career on the Bankrate copy desk in 2010, worked as a managing editor at Macmillan and went full-time freelance ...

That creates an opportunity to borrow with a home equity line of credit (HELOC). A second home loan is a big commitment, but as a credit line, a HELOC offers a lot of flexibility. In fact ...

Another week, another decline in HELOC rates. The average rate on a $30,000 home equity line of credit (HELOC) fell to 8.06 ...

What is a HELOC? A home equity line of credit (HELOC) is a type of second mortgage that homeowners can use to get cash to fund home improvement projects, debt consolidation, or other financial goals.

Ashley is a lead editor of mortgages and loans at Forbes Advisor. She graduated from Utah Tech University with a bachelor’s in English with an emphasis in creative writing. She began her career ...