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.

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.

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

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

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 ...

Lines of credit and credit cards are revolving credit sources that differ in several key ways. You can expect more flexible ...

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.) ...