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Should you use a HELOC for home renovations this spring? What experts say
CBS News· 21 hours agoAlthough the Fed's series of benchmark rate hikes ended last summer, there have yet to be any rate...
3 strategic home equity moves to make this May
CBS News· 18 hours agoBy using a home equity loan or home equity line of credit (HELOC), homeowners can gain access to tens and possibly hundreds of thousands of dollars right...
Home equity hazards: The risks of tapping into your property’s value
Bankrate via AOL· 7 days agoYour home is on the line The stakes are higher when you use your home as collateral for a loan....
What to know about HELOC prepayment penalties
Bankrate via AOL· 7 days agoThe repayment phase can last anywhere from 10 to 20 years. But here too, it’s possible to incur a HELOC early payoff penalty if you repay the loan in...
Reverse Mortgage vs. Home Equity Loan: Which to Choose?
Time Magazine· 1 day agoA reverse mortgage and home equity loan both allow homeowners to turn their home equity into cash,...
How the Federal Reserve affects HELOCs and home equity loans
Bankrate via Yahoo Finance· 6 days agoIf rates do rise, you might want to explore whether you can lock in a fixed rate on a portion of...
Using home equity to pay off your mortgage? Here are the pros and cons
CBS News· 4 days agoWhether or not it's wise to use your home equity to pay your mortgage off depends on multiple...
Will home equity loan rates drop in May?
CBS News· 5 days agoWith inflation problematic, interest rates were elevated to help rein it in. On Wednesday, the Federal Reserve elected to maintain that level, keeping...
5 smart alternatives to debt consolidation loans
CBS News· 5 days agoIf you owe money on your credit cards, you may be looking for solutions to get rid of that high-interest debt. A debt management plan is a formal...
Understanding HELOCs
WCTV Tallahassee· 20 hours agoThe following content is created on behalf of First Commerce Credit Union and does not reflect the opinions of Gray Media or its editorial staff. Your...