Browsing: HELOC

“We need more cash to cover college: Is it a good idea to use a HELOC or student loans?” asked a client, recently. Amid rising tuition…

As a homeowner, you likely have a lot more equity in your house than you did just a few years ago. U.S. homeowners gained almost $3…

Our homes are our biggest asset, and in a cash crunch they could provide some much-needed relief. A home equity line of credit, aka a HELOC,…

While a HELOC can be useful for smart investments—like fixing up your home—it’s not something to use … [+] casually, like buying the latest gadgets or…

A HELOC used wisely can help you save money or navigate tight financial spots.Getty With home values on the rise, HELOCs have become a popular way…

Key takeaways The draw period is the initial phase of a home equity line of credit (HELOC), during which you can withdraw funds, up to your…