Interest rate cuts are looming. Between a $100,000 HELOC and a $100,000 home equity loan, then, which will be cheaper?

Rate-and-term refinances climbed 44% and cash-out refis increased 15%. Home equity originations had their strongest annual ...

Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home equity loan is a fixed-rate, lump-sum loan that allows homeowners to borrow up ...