Por: CBS News Business August 01, 2023
For some homeowners, a HELOC may be the better option. Getty Images With higher than they've been in more than two decades, many prospective homebuyers find themselves priced out of the market. And existing owners are no longer seeing the clear benefit of refinancing that was once available to them. In this climate, it may seem that there are no good alternatives. Current homeowners, however, have one advantage that many others do not:... + full article
CBS News USA Business August 17, 2023
One of the primary advantages of getting a HELOC over a home equity loan is the flexibility it offers. /Getty Images Homeowners who need extra funds often turn to and . Both let you tap into your home equity to fund at comparatively low interest rates, and both offer not... + más
What is a HELOC? | CBS News
Where to get a HELOC | CBS News
CBS News USA Business June 12, 2023
With a HELOC, you can withdraw only the funds you need from your line of credit. Getty Images Thanks to rising home prices, American homeowners are sitting on lots of equity these days — on average per homeowner. That equity can be a powerful tool. With a — or home equity... + más
CBS News USA Business May 10, 2023
Depending on your goals and personal situation, a HELOC may be better than a personal loan. Getty Images/iStockphoto Times are tough for most Americans. With and high and a possible on the horizon, many of us are tightening our purse strings and looking for ways to cut corners.... + más
CBS News USA Business May 05, 2023
Home equity loans and HELOCs are often more affordable than credit cards, but they're not always the best option. TEERAYUT CHAISARN/Getty Images When you need money, it can be tempting to turn to credit cards. They're a familiar option, they're easy to use, and... + más
Should you get a home equity loan now? | CBS News
How to use home equity to make home repairs | CBS News
CBS News USA Business April 05, 2023
Homeowners looking to access their home's equity can do so in multiple ways. Getty Images/iStockphoto With and uneven stock market performance, many Americans find themselves looking for new ways to pay for expenses. While this traditionally takes the form of and ,... + más
How much equity can I borrow from my home? | CBS News
CBS News USA Business March 28, 2023
For both home equity loans and HELOCs, how much you can borrow depends on your loan-to-value (LTV) ratio and other factors. Getty Images In times of and , many Americans are wondering how to make ends meet. You could turn to financing options like and , but their interest rates... + más
HELOCs vs. home equity loans: Which is better? | CBS News
CBS News USA Business March 24, 2023
HELOCs and home equity loans both have unique benefits that homeowners should explore. Getty Images/iStockphoto Persistent and rising are reverberating throughout the economy and Americans are feeling the pinch. And with a potential on the horizon, many are looking for... + más
What is a good HELOC interest rate? | CBS News
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