Both a HELOC and a home equity loan can be good ways to access your home equity this January, depending on your goals and ...

Considering a home equity loan in 2025? Start by thinking about the answers to these three critical questions.

What the market trends are: With current HELOC rates slightly lower, they could be the cheaper option for short-term ...

A home equity loan could be a smart and effective way to pay down your credit card debt this year. Here's why.

Among your options are a home equity loan or a home equity line of credit (HELOC) that you can use to pay for significant or unforeseen expenses, including paying down high-interest debt or paying ...

Experts recommend keeping HELOC borrowing small and short-term to avoid higher payments from rising rates. Consider ...

Caroline BasileMortgages and Student Loans Deputy Editor Caroline Basile ... If you’ve built sufficient equity in your home, a home equity line of credit (HELOC) can be a good option to access ...

A home equity loan is a better fit if you need all of the funds upfront and won’t need to borrow again. Why Would You Need a Home Equity Line of Credit? A home equity line of credit provides the ...

The average rate on a $30,000 home equity line of credit (HELOC) steadied at 8.28 percent this week — close to its lowest ...

A HELOC is a line of credit based on your home’s equity ... too. In contrast, home equity loans and personal loans offer a lump sum that has to be repaid in full (also with interest), whether ...

Home equity loans have lower interest rates than personal loans or credit cards — and if you use the funds on home improvements, you may be able to write off the interest. CNBC Select has ...

Katherine Watt is a CNET Money writer focusing on mortgages, home equity and banking ... Melissa Cohn has been in the mortgage industry for over 35 years. She began her career with CitiMortgage ...