A September Fed rate cut has made HELOC borrowing less expensive. Here's what an $80,000 HELOC costs monthly now.

HELOCs, or home equity lines of credit, give homeowners a way to leverage the growing value of their house for anything from renovations to college tuition — and enjoy 10 years of interest-only ...

While it may be tempting to borrow money quickly, particularly if you're financial health has been hurt by stagnant inflation and higher interest rates, it's critical to first stop to calculate your ...

A Home Equity Line of Credit (HELOC) is a revolving loan that allows homeowners to borrow against the equity in their home. Unlike a traditional loan, you can borrow and repay during the draw period.

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.

To calculate your home's equity, subtract the balance on all debts secured by your home – including your primary mortgage and any secondary loans – from your property's current appraised value. 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.