Currently, the average rate on a home equity loan ranges from 8.15% to 8.30%, depending on the term. So, if a 0.5% drop is ...

The average U.S. homeowner currently has a record $313,000 in equity. Many homeowners are considering turning that equity into cash through home equity loans or as credit via home equity lines of ...

Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home ...

Home equity loans and home equity lines of credit (HELOCs) have lower interest rates than credit cards. That can lead some homeowners to use them to pay down large credit card bills. But this method ...

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 ...

Today, I’m going to share with you the story of two clients, a married couple, who, back in 2020, were in desperate need of cash to cover some credit card debt and assist their children with financial ...

Is a home equity loan right for you? You’ve been faithfully paying your mortgage for decades, watching your home’s value climb while your loan balance shrinks. Now that you’re approaching or already ...

Mortgage rates seem to have a mind of their own — sometimes rising when you'd expect them to fall. Learn how the Fed rate affects home borrowing costs for smarter financial decisions, plus actionable ...

Since federal student loan repayments are back on track, numerous borrowers are looking for a way to find relief. One of the ideas in the spotlight is using home equity to settle s ...

If you purchased your house in the 1990s or early 2000s, there's a good chance it's worth exponentially more than what you paid for it. A Realtor.com analysis of seller data found that home values ...