We’re looking to do a $160k home renovation – is an 8% interest rate for a HELOC too high to justify it?
247wallst.com/personal-finance/2025/03/01/were-looking-to-do-a-160k-home-renovation-is-an-8-interest-rate-for-a-heloc-too-high-to-justify-it
Key Points
Interest rates are high today, so a HELOC could get expensive.
If the project you’re financing will improve your quality of life, it may be worth doing.
The key is to make sure you can afford to pay your HELOC back.
Are you ahead, or behind on…
This story appeared on 247wallst.com, 2025-03-01 14:47:55.