One way to do this is through a home equity line of credit, or HELOC, which allows you to borrow against the value in your home and repay the money, plus interest. Before getting a HELOC ...
A home equity line of credit (HELOC) can be a valuable tool for homeowners looking to leverage the equity in their homes. Whether you are planning a major renovation, consolidating debt or funding ...
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 ...
Katherine Watt is a CNET Money writer focusing on mortgages, home equity and banking ... not include information about every financial or credit product or service.
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 picked the ...