A $75,000 HELOC comes with inexpensive monthly payments that are likely to become even more affordable as the interest rate climate cools further. Pla2na/Getty Images
Are you in need of $75,000 in extra financing and don't know where to find it?
If you're a homeowner in today's market, you may not have to look much further. With home prices in many parts of the country elevated and interest rates on a decline again, borrowing from your home equity may be one of the easiest and most affordable options now. And with a home equity line of credit (HELOC) , specifically, you'll be well positioned to exploit additional interest rate cuts ahead, thanks to the product's variable interest rate .
That's especially important now. Not only did the Federal Reserve issue an intere