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 ...

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

kate_sept2004 / Getty Images A home equity line of credit (HELOC) is a line of credit that uses the equity you have in your home as collateral. The amount of credit available to you depends on the ...

Homeowners can deduct the interest paid on a HELOC from their federal income taxes as long as they use the funds for home ...

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 ...

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 ...

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 ...

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