One home equity borrowing option is much more affordable today, but what about in the long run? Here's what to know.

Additionally, homeowners with low credit scores may want to avoid refinancing this May, Cohn says. A HELOC lender may charge ...

A 5-year home equity loan averaged nearly 9% in January 2024. Now, it's 8.36%. Rates on home equity lines of credit have ...

What’s driving home equity rates today? HELOCs and home equity loans have fallen substantially from the highs reached at the ...

Interest rates on both home equity products continued their downward trend this week. But which is smarter for you?

While your home equity shouldn’t be the first place you go to cover a cash shortfall, a home equity line of credit (HELOC) ...

Lenders view a first-lien HELOC as less risky because it serves as the main loan on your home. If you can't repay and your ...

Find out how you can access this $1B private real estate fund (with as little as $10) One option is to downsize and move into ...

There's no investment quite like a home. For many, it's an asset that can bolster wealth, expand opportunities and become a ...

A HELOC is a line of credit based on your home’s equity: The more equity (value) you’ve built up in the home, the more money you can access via a HELOC. A HELOC allows you to borrow exactly ...

Kim is a freelance contributor to Newsweek’s personal finance team. She began her career on the Bankrate copy desk in 2010, worked as a managing editor at Macmillan and went full-time freelance ...

Accessing your home’s equity can be a pivotal financial move if you have a specific use for that equity. To meet the ...