If the Fed indicates additional rate cuts to come in the winter or spring, HELOC rates may fall in anticipation of that action. But if it looks like rates will remain paused, HELOC rates may stay ...

The average rate on a $30,000 home equity line of credit (HELOC) steadied at 8.28 percent this week — close to its lowest level in a year and a half, according to Bankrate’s national survey of ...

Commissions do not affect our editors' opinions or evaluations. If you’ve built sufficient equity in your home, a home equity line of credit (HELOC) can be a good option to access the cash you need.

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 the average homeowner in possession of approximately $320,000 worth of home equity right now, your home may be your best option for borrowing large sums of money. And with products like home ...

A simple rule can prevent you from overdoing it with a home equity line of credit. Some or all of the mortgage lenders featured on our site are advertising partners of NerdWallet, but this does ...

Doretha Clemons, Ph.D., MBA, PMP, has been a corporate IT executive and professor for 34 years. She is an adjunct professor at Connecticut State Colleges & Universities, Maryville University, and ...

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

With over three years of experience writing in the housing market space, Robin Rothstein demystifies mortgage and loan concepts, helping first-time homebuyers and homeowners make informed ...

kate_sept2004 / Getty Images A home equity line of credit (HELOC) is a line of credit that uses the equity you have in your home as collateral. The amount of credit available to you depends on the ...

Current home equity loan rates are a little bit lower than current HELOC rates. If you're looking to fund a home improvement project or repair, a home equity loan can be an affordable way to do so.

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 ...