Home equity lines of credit (HELOCs) allow homeowners to access their home's accumulated equity to finance a wide range of expenses. And in today's real estate market, they are a viable and cost ...

A home equity line of credit (HELOC) is an effective way to borrow a large, potentially six-figure amount of money. It's also relatively inexpensive right now, after interest rates on the line of ...

Numerous options are available when you need access to some extra cash. Two potential options are home equity line of credit (HELOC) vs. a personal loan. A HELOC uses your home as collateral ...

New year, new low in home equity rates. The $30,000 home equity line of credit (HELOC) plunged nine basis points to an average of 8.27 percent — its lowest level in a year and a half ...

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 ...

Both home equity loans and home equity lines of credit (HELOCs) allow you to borrow against the value of your home, but their exact terms vary. If you’re looking for a way to borrow money ...

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.

Our opinions are our own. Here is a list of our partners and here's how we make money. A home equity line of credit, or HELOC, is a second mortgage that lets you convert some of your equity in ...

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 ...

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 ...