HELOC interest rates just hit a multi-year low. But is this the right home equity product to borrow with right now?

Home equity borrowing rates have been on the decline over the last 18 months. While home equity line of credit (HELOC) rates averaged 9.18% last June, the same rates now sit just below 8%, according ...

What is a fixed-rate HELOC? A standard HELOC is a revolving line of credit with a variable interest rate. As the interest rate changes, so will the minimum amount due each month. But there’s a less ...

The rate on a 30-year fixed refinance increased to 6.27% today, according to the Mortgage Research Center. Rates averaged ...

Borrowing a five-figure amount of money with a product that has a variable rate can be risky for obvious reasons. But what if interest rates were consistently declining again? And what if it were with ...