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

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

Certain home loans and HELOCs might use variable or adjustable interest rates. In this case, the interest rate you're charged ...

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

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

One major difference between Discover and Rocket Mortgage (aside from only the former listing its rates online) is that ...

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

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

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

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.

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

Homeowners leverage their home equity through various strategies, such as HELOCs or reverse mortgages. A newer option: Shared ...