Considering borrowing with a HELOC this year? Then start thinking about the answers to these three questions now.

Projects that increase your home's value are typically eligible for a tax exclusion — but most repairs are not.

Have a home equity loan? Refinancing to a HELOC right now could reduce your interest rate. Here's what to know.

Your equity equals your home's current value minus the amount you owe on it. You can borrow against this equity, preferably ...

kate_sept2004 / Getty Images A home equity line of credit (HELOC) is a line of credit that uses the equity you have in your home as collateral. The amount of credit available to you depends on the ...

What the market trends are: With current HELOC rates slightly lower, they could be the cheaper option for short-term ...

Ashley is a lead editor of mortgages and loans at Forbes Advisor. She graduated from Utah Tech University with a bachelor’s in English with an emphasis in creative writing. She began her career ...

Katherine Watt is a CNET Money writer focusing on mortgages, home equity and banking ... not include information about every financial or credit product or service.

A HELOC is a line of credit based on your home’s equity: The more equity (value) you’ve built up in the home, the more money you can access via a HELOC. A HELOC allows you to borrow exactly ...

The average rate on a $30,000 home equity line of credit (HELOC) steadied at 8.28 percent this week — close to its lowest ...

The bureau recently published a report about home equity investments, and it filed an amicus brief with a court to state its ...

Katherine Watt is a CNET Money writer focusing on mortgages, home equity and banking ... not include information about every financial or credit product or service.