Refinance Vs. HELOC

Refinance or Home Equity Line of Credit?

If you are concerned about losing you current low interest rate on your mortgage loan, you may want to consider a Home Equity Line of Credit to get obtain the funds you require. If keeping your current interest rate is not very important to you, consider comparing the difference between the rate you would obtain with a refinance and the "blended rate" you would obtain by acquiring a HELOC.