Por: CBS News Business July 11, 2023
Home equity loans typically offer fixed interest rates, while HELOCs more commonly have variable rates. Westend61/Getty Images Tapping into the is a great way to access cash to help fund a home renovation project, consolidate existing debt or cover other upcoming expenses. Two of the most popular options for doing this — and can also help you get solid interest rates in today's economy. That's because they're secured by the... + full article
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
What is a HELOC? | CBS News
Where to get a HELOC | CBS News
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
CBS News USA Business March 16, 2023
A good HELOC interest rate is typically lower than those that can be obtained with personal loans or credit cards. Getty Images/iStockphoto Amid and , many Americans may find themselves looking for any help they can get. While many credit options are available to help make... + más
Is a HELOC worth it? | CBS News
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