With that in mind, take an old-timer's advice on using a variable-rate home equity line of credit: "Don't borrow a lot, and don't borrow for long." That guidance comes from Lou Barnes, who retired ...

Our other picks for lenders offering the best HELOC rates not only offer competitive rates but also accessible customer support and quick application processes.

However, our opinions are our own. See how we rate mortgages to write unbiased product reviews. HELOC rates are a little higher than current mortgage rates, but they could still allow a homeowner ...

If you think interest rates will continue their downward trend in 2025 and want to be best positioned to save as much as possible, then a HELOC could be safer for your circumstances this year.

What’s driving home equity rates today? For homeowners looking to tap record amounts of home equity, the good news could well be ongoing. Bankrate Chief Financial Analyst Greg McBride ...

Moreover, home equity lending options typically offer competitive interest rates since they're backed by your home. But home equity loan rates fluctuate in response to federal funds rate ...

A HELOC is good for someone with a quality credit score, as they’ll likely get a lower interest rate. It’s imperative that someone who uses a HELOC feels comfortable with how much their ...

However, our opinions are our own. See how we rate mortgages to write unbiased product reviews. Current home equity loan rates are a little bit lower than current HELOC rates. If you're looking to ...

HELOCs have lower interest rates than personal loans and give you more time to pay back the funds — as much as 30 years. CNBC Select has picked the best HELOC lenders in a variety of categories ...