In the evolving interest rate climate of 2025, this is now the least expensive way to borrow from your home equity.

A home equity loan could be the smart way to borrow money this May, assuming homeowners avoid these three mistakes.

"A HELOC may be easier to qualify for than a home equity loan due to the interest rates," says Jeremy Schachter, branch ...

The Commerce Department’s latest reading on gross domestic product showed the U.S. economy contracted in the first quarter ...

The biggest selling point of homeownership is that it builds wealth while renting is wasted money. But that's only true if ...

Homeowners gained $3T in equity in 2024. A HELOC might help in short-term crises, but weigh risks, alternatives and timing ...

Tapping into your home equity is a pretty straightforward way to access cash that might otherwise be hard to come by, and a ...

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 ...

Home equity loans turn your home equity into a lump sum of cash you can use however you’d like. There are also HELOCs, which ...

A rate and term refinance is used to pay off the current loan, including late fees or prepayment penalties that the borrower ...

What You Should Consider Before Taking Out a HELOC HELOCs aren’t right for everyone. Here’s what to consider before taking out a home equity line of credit.

With a home equity line of credit (or HELOC), you can borrow against the equity you have in your house to access a revolving line of credit that can be used for ongoing home renovations ...