How much will a $60,000 HELOC cost monthly now that rates have plunged?
HELOC borrowing costs have continuously declined over the past 18 months. sakchai vongsasiripat/Getty Images More than two full percentage points. That’s how far the average interest rate on a home equity line of credit (HELOC) has fallen in just the last 18 months. And with the potential for additional interest rate reductions later this spring … Read more