For some homeowners, a $100,000 home equity loan offers an advantageous way to borrow a large sum now. Here's why.

If rates fall, you do have the option to refinance the loan, although there may be a penalty for doing so. Pros and Cons of Variable Rate Home Equity Loans The main attraction of a variable-rate ...

Consider your risk tolerance and financial stability when making this decision. If you prefer certainty and steady payments, ...

usually come with variable rates where the rate changes periodically. Because home equity loans are a type of secured debt, they often have lower rates than many other types of debt, like credit ...

A fixed rate can protect you when general interest rates are rising. However, with some fixed-rate HELOCs, you can end up ...

One of the most important choices when taking out a home equity loan is whether to opt for a fixed or variable rate. This decision needs careful consideration because it can affect your finances ...