Let’s look at all the pros and cons of a HELOC. While home loan interest rates overall have risen dramatically since 2022, HELOC rates still tend to be lower than those on credit cards and ...

But which will be better to open in the new month, a HELOC or a home equity loan? The answer to this question may be less ...

Because of the unique structure and terms of the loan, however, homeowners considering a home equity loan for emergency use should be aware of the pros and cons of borrowing this way. These ...

Home equity loans and home improvement loans can fund your home remodel projects, but they serve different needs with ...

Show Pros, Cons, and More An icon in the shape of an angle pointing down. Citizens Bank offers both a traditional HELOC and its GoalBuilder HELOC. Its GoalBuilder HELOC offers loan amounts as low ...

While a HELOC has pros and cons, this loan can help you cover home renovations, emergency expenses, debt consolidation and more. Here’s our expert list of some of the best HELOC lenders of 2025 ...

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 ...

A credit union leader discusses the pros and cons of interest-only HELOCs and explains who may benefit from this loan type. An interest-only HELOC is a line of credit allowing borrowers to make ...

Choosing between a fixed interest rate and a variable interest rate will affect your monthly payments and the total cost of your loan over time.