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

A Heloc is a popular option for homeowners looking to consolidate debt, cover expenses or fund home improvement projects.

Take credit cards, for example. Those short-term borrowing products currently have rates averaging over 21%. Personal loan ...

In other words, your residence can be a key financial resource for your family. Buying and maintaining a home builds an ...

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

Certain HELOC fees can quietly raise the cost of borrowing. Here are the big ones you should keep an eye out for.

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

Home equity lines of credit (HELOCs) and home equity loans are two ways of borrowing money against the ownership stake you have in your home. Both typically allow you to tap up to 80 or 85 percent ...

Banks are pitching home-equity lines of credit as a cheaper form of borrowing as Federal Reserve rate cuts could lower HELOC ...

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 ...

A home equity line of credit, or HELOC, is a second mortgage that gives you access to cash based on the value of your home. (It can also be a primary mortgage if you own your home outright.) ...