HELOC interest rates dropped again this week, emphasizing the cost-effectiveness of this product over alternatives.

Debt-to-income ratios (DTIs) are one of the main reasons borrowers aren't able to get the best HELOC rate or, in some cases, ...

Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home ...

Minimums: You typically must convert a certain minimum to get a HELOC rate lock, which could be $2,000 up to $5,000, but it ...

A fixed rate can protect you when general interest rates are rising. However, with some fixed-rate HELOCs, you can end up ...

New week, new lows for home equity loans and lines of credit. The average rate on a $30,000 home equity line of credit (HELOC ...

Another week, another drop for HELOCs: The average rate on the $30,000 home equity line of credit fell to 8.04 percent, its ...

Marques and Shyra of Black, Married & Debt Free borrowed $120,000 from their paid-off home using a home equity line of credit ...

Ashley is a lead editor of mortgages and loans at Forbes Advisor. She graduated from Utah Tech University with a bachelor’s in English with an emphasis in creative writing. She began her career ...

A home equity line of credit, or HELOC, is a revolving credit account that allows you to make on-demand withdrawals from an approved balance limit. You draw from the line of credit as you wish ...

Investopedia’s pick for the best home equity line of credit (HELOC) lender is Figure, based on the fintech’s polished online experience and low fees. The non-bank lender has prioritized ...

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 ...