Should you use your home equity to pay off credit-card debt? Read this before taking out a HELOC.

Banks are pitching home-equity lines of credit as a cheaper form of borrowing as Federal Reserve rate cuts could lower HELOC rates to the mid-6% range, according to one estimate.

Jun 20, 2025 - 21:26
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Should you use your home equity to pay off credit-card debt? Read this before taking out a HELOC.
Banks are pitching home-equity lines of credit as a cheaper form of borrowing as Federal Reserve rate cuts could lower HELOC rates to the mid-6% range, according to one estimate.