It’s not a given that your financial advisor will always have sound advice, and it’s important to know when not to listen.

Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.

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Taking out a Home Equity Line of Credit (HELOC) used to feel like a no-brainer—rates were low, home values were rising, and tapping into your equity was one of the cheapest ways to borrow. But here in ...

What’s driving home equity rates today? Rates on HELOCs and home equity loans are being driven primarily by two factors: lender competition for new customers and the Federal Reserve’s actions. The Fed ...

Monthly payments on a home equity loan of this size have dropped following recent Federal Reserve interest rate cuts.