HELOC repayment periods typically range from ... increase payments by as little as $1 monthly. Using funds from a work bonus or inheritance to make one-off extra payments will also help reduce ...

A home equity loan has important tax benefits that users should remember this filing season. Here's what to know.

If your HELOC lender offers a fixed-rate option ... the line of credit before you can get the fixed rate. This might not work well for you if you’re trying to stay within a certain budget ...

A home equity line of credit (HELOC) allows you to access your home equity for various purposes, including credit card debt. Americans have more than $1 trillion in credit card debt, and if you ...

Using the funds from a home equity loan to make home renovations can make sense if you're planning on aging in place, but you also have other options.

Her work has also appeared in various publications ... Katherine Watt is a CNET Money writer focusing on mortgages, home equity and banking. She previously wrote about personal finance for ...

While a no-income verification HELOC might not work for everyone, Garcia says certain homeowners could benefit from it, including: The longtime finance expert adds that a traditional HELOC might ...

Those with better credit scores, for example, tend to get better rates. How do HELOC rates work? HELOCs usually come with variable interest rates. This means the rate you pay could change ...

Home equity loans work by leveraging the wealth you've built in your home. If you have a mortgage, you don't own your home outright. Instead, a portion of the home's value is tied up with the loan.

A simple rule can prevent you from overdoing it with a home equity line of credit: Don't borrow a lot, and don't borrow for ...