kate_sept2004 / Getty Images A home equity line of credit (HELOC ... % of the equity they have in their home. For example, someone with a good credit score and DTI ratio with a home valued ...

That said, these products operate in different ways, and they come with unique pros and cons in the interest rate environment ...

Fixed-rate home equity lines of credit are a way to tap your home’s equity while giving you predictable payments. Some or all of the mortgage lenders featured on our site are advertising ...

With a home equity loan or a home equity line of credit (HELOC), you can draw on ... The Citi Double Cash Card, for example, offers a 0% rate for up to 18 months with a 3% fee if you complete ...

Katherine Watt is a CNET Money writer focusing on mortgages, home equity and banking ... CNET Money is an advertising-supported publisher and comparison service. We’re compensated in exchange ...

A HELOC is a line of credit ... For example: Assume your home is worth $425,000 and your outstanding mortgage balance is $250,000. This means you have $175,000 in equity and a loan-to-value ...

A home equity loan has important tax benefits that users should remember this filing season. Here's what to know.

Katherine Watt is a CNET Money writer focusing on mortgages, home equity and banking ... CNET Money is an advertising-supported publisher and comparison service. We’re compensated in exchange ...

Kim is a freelance contributor to Newsweek’s personal finance team. She began her career on the Bankrate copy desk in 2010, worked as a managing editor at Macmillan and went full-time freelance ...