With more and more people working from home, people are looking to upgrade their offices or convert a garage or an unfinished basement into a useable space away from the family to get their work done. While it may be tempting to pull out a credit card during a home renovation to get those wonderful […]
Tag: Home Equity Line of Credit HELOC
Choosing An Equity Loan In A Rising Rates Environment
Q: I’d like to take out a loan against my home’s equity, but I’ve heard that interest rates are expected to climb soon. What are the differences between a home equity line of credit (HELOC) and a typical home equity loan? How does an environment of rising interest rates impact each choice? A: It’s true […]