The interest rate climate is changing again, and with it, new considerations are arising for homeowners in need of extra financial support. While it's still relatively expensive to borrow money with a ...

Home equity loan interest rates fell this week to their lowest level in two years, a Wednesday report revealed. The average rate for the benchmark five-year home equity loan is now just 7.99%, ...

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

Want to borrow with a home equity loan this year? Here are the pros and cons to know before getting started.

HELOC interest rates just hit a multi-year low. But is this the right home equity product to borrow with right now?

When rates hit those lows in 2023, demand for home equity borrowing picked up amid rising homeowner equity, growing household debt and strong renovation activity fueled by the lock-in effect of high ...

How does a home equity loan work? First, it’s important to understand that the term home equity loan is simply a catchall for the different ways the equity in your home can be used to access cash. The ...

Minimal movement in home equity rates in the latest week. The benchmark 5-year $30,000 home equity loan edged down two basis points to 8.13 percent, marking the second week at its lowest level in two ...

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 ...