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

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 ...

a home equity line of credit (HELOC) can be a good option to access the cash you need. Forbes Advisor ranked multiple top lenders with a focus on their interest rates. Connexus Credit Union landed ...

The benefits of both have shifted in today's interest rate climate. Here's what potential borrowers should know now.

Your equity equals your home's current value minus the amount you owe on it. You can borrow against this equity, preferably ...

If you own your home, your home equity may make it possible to access a significant amount of money when you need it. In fact, the average homeowner has around $206,000 of tappable equity in their ...

While HELOCs usually have variable interest rates, there are some fixed-rate options available. Home equity lines of credit (HELOCs) are based on the amount of equity you have in your home.

A home equity loan differs from a HELOC in that HELOCs operate more like a credit card. With a HELOC, you'll borrow against a line of credit and accrue interest at a variable rate during the draw ...

If you're having trouble managing credit card balances, consider consolidating your debt to save time and money.

The Federal Reserve’s decision on Wednesday to keep its overnight bank lending rate where it is — following a full percentage ...

A HELOC is a line ... home, the more money you can access via a HELOC. A HELOC allows you to borrow exactly what you need, typically for lower rates than other forms of credit, and you only pay ...

The average rate on a $30,000 home equity line of credit (HELOC) steadied at 8.28 percent this week — close to its lowest ...