Is a Home Equity Line of Credit a Good Idea? A home equity line of credit (HELOC) may be a good idea depending on your circumstances and purpose for applying. By taking out a HELOC, you are putting ...

Both products offer attractive features for borrowers now. Here's how to determine which will be better for you now.

Founded in 1904, Bank of America is the largest HELOC lender in the U.S., with $25.5 billion loaned in the last quarter of 2024. We love BofA's home equity line of credit for its extensive draw range ...

A sharp pullback in home equity rates, one week after the Fed’s highly anticipated quarter-point rate cut. The $30,000 home ...