Should You Use A Home Equity Loan To Pay Off Debt?

In recent years, mortgage rates and home equity rates have been at a historic low. However, interest rates for other types of debt (credit cards, student loans, auto loans) have not always followed suit. It can be tempting to borrow against your home equity to pay off higher-interest debt, but is this a good idea? What should you consider? What is a home equity loan? A home equity line of credit? Read More