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

Fortunately, interest rates on HELOCs have been on a steady decline for much of the last year. After falling for most of 2024 ...

The utilization of your home equity needs to be done both carefully and strategically. And it can be done so effectively with ...

While both of these products offer unique benefits to homeowners, they may not be right for everyone. Here's why each could ...

For homeowners looking to tap into their record amounts of home equity, the good news could well be ongoing. Bankrate Chief ...

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

Ashley is a lead editor of mortgages and loans at Forbes Advisor. She graduated from Utah Tech University with a bachelor’s in English with an emphasis in creative writing. She began her career ...

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 ...

Doretha Clemons, Ph.D., MBA, PMP, has been a corporate IT executive and professor for 34 years. She is an adjunct professor at Connecticut State Colleges & Universities, Maryville University, and ...

See how we rate mortgages to write unbiased product reviews. HELOC rates are a little higher than current mortgage rates, but they could still allow a homeowner to save money on borrowing for ...

I can’t take credit for, “People don’t care about how much you know until they know how much you care.” Empathy and ...

With a home equity line of credit (HELOC), you can borrow against the value of your home and access a revolving line of credit to pay for things like ongoing home renovations, college or high ...