Will a Heloc lower my credit score? However, it's important to manage the amount of credit you have since a HELOC will have a much larger balance than a typical credit card. ... Another way opening a HELOC can affect your credit score is from the fluctuating payments. Since a HELOC has a variable interest rate, payments can increase when interest rates rise.
Is buying mortgage points worth it? Mortgage Guide Paying points to get a lower rate on a mortgage is almost always a losing proposition. That's because most ho... more