Lower interest rates: Often, Helocs have lower interest rates than home equity loans or personal loans. They have lower ...

Lenders will consider both the borrower’s creditworthiness and the property’s financials when evaluating an investment ...

With Americans collectively sitting on record-high $11.6 trillion in tappable home equity as of August 2025, which explains why so many are turning to home equity lines of credit (HELOCs) to access ...

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To better improve their chances of HELOC borrowing success, then, it may help homeowners to know the smart ways to use the ...

Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.

Tapping into your home equity offers a way to borrow money at lower rates than unsecured loans. Here's how two key options compare on costs, ...

Katherine Watt is a former CNET Money writer focusing on mortgages, home equity and banking. She previously wrote about personal finance for NextAdvisor. Based in New York, Katherine graduated summa ...

Kiah Treece is a former attorney, small business owner and personal finance coach with extensive experience in real estate and financing. Her focus is on demystifying debt to help consumers and ...

Sarah Brady is a personal finance writer and credit expert who's been dedicated to helping individuals and entrepreneurs improve their financial wellness since 2013. Sarah's writing is informed first ...

Home equity loans are a financial tool that allows homeowners to leverage the equity they’ve built in their homes for different purposes, including home improvements, debt consolidation or funding ...