Key takeawaysA home equity loan is usually a fixed-rate lump sum based on the value available in your home. Home equity lines ...

We cut through the myths and misconceptions surrounding home equity, explaining what homeowners often get wrong, and why.

Rates on both home equity products are comparable now, but that doesn't mean repayments will be identical for long.

If you need an affordable way to borrow a large amount of money, a HELOC could make sense this July. Here's why.

HELOC rates automatically adjust every time the prime rate goes up and down. It's very likely that your rate will drop by 0.25% once or twice in 2025 and hopefully more in 2026." ...

An uneventful week for home equity rates. The average rate on a $30,000 home equity line of credit (HELOC) was unchanged at 8 ...

Splash Financial is a lender marketplace offering HELOCs with credit lines as high as $500,000. However, for a credit line of ...

The conviction of a fraud ring mastermind highlights growing risks in home equity lines of credit as equity-rich borrowers ...

Banks are pitching home-equity lines of credit as a cheaper form of borrowing as Federal Reserve rate cuts could lower HELOC rates to the mid-6% range, according to one estimate.

Home equity loan interest is deductible up to those same amounts, but only if you use the money to "buy, build, or substantially improve your home," as the Internal Revenue Service puts it.

A Home Equity Line of Credit (HELOC) is your all-in-one solution for managing both planned and unforeseen expenses. Whether ...

Home equity sounds like a pretty straightforward concept: it’s the portion of your home you truly own, free and clear of debt ...