HELOC interest rates dropped again this week, emphasizing the cost-effectiveness of this product over alternatives.

Condos in my area are scarce and often sell the day they hit the market. I could get a line of credit using my house as ...

Debt-to-income ratios (DTIs) are one of the main reasons borrowers aren't able to get the best HELOC rate or, in some cases, ...

A fixed rate can protect you when general interest rates are rising. However, with some fixed-rate HELOCs, you can end up ...

HELOC rates dropped lower this week, easing costs for borrowers. That's not the only reason to open one, though.

Another week, another drop for HELOCs: The average rate on the $30,000 home equity line of credit fell to 8.04 percent, its ...

New week, new lows for home equity loans and lines of credit. The average rate on a $30,000 home equity line of credit (HELOC ...

Marques and Shyra of Black, Married & Debt Free borrowed $120,000 from their paid-off home using a home equity line of credit ...

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 ...

HELOC rates are a little higher than current mortgage rates, but they could still allow a homeowner to save money on borrowing for construction costs or consolidating debt when compared to ...

With a home equity line of credit (or HELOC), you can borrow against the equity you have in your house to access a revolving line of credit for things like ongoing home renovations, college ...

If you have enough equity in your home, you can borrow against it through a home equity line of credit (HELOC). While a HELOC has pros and cons, this loan can help you cover home renovations ...