Your equity equals your home's current value minus the amount you owe on it. You can borrow against this equity, preferably ...

With that in mind, take an old-timer's advice on using a variable-rate home equity line of credit: "Don't borrow a lot, and don't borrow for long." That guidance comes from Lou Barnes, who retired ...

Katherine Watt is a CNET Money writer focusing on mortgages, home equity and banking ... CNET Money is an advertising-supported publisher and comparison service. We’re compensated in exchange ...

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Home equity loans have fixed interest rates ... may impact how products and links appear on our site. CNET Money is an advertising-supported publisher and comparison service.

With that in mind, take an old-timer's advice on using a variable-rate home equity line of credit: "Don't borrow a lot, and don't borrow for long." That guidance comes from Lou Barnes, who retired in ...

Most credit card companies offer products advertising one of several types ... Alternatively, home equity lines of credit, personal loans or other financial products may offer better rates than ...

Please view our advertising policy and product review methodology for ... Different types of lines of credit include personal lines of credit, business lines of credit and home equity lines of credit, ...