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

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

Considering borrowing with a HELOC this year? Then start thinking about the answers to these three questions now.

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 ...

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

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

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 ...

In fact, about 234,000 home equity lines of credit (HELOCs) were originated in the first quarter of 2024, according to TransUnion. Around 237,000 home equity loans were issued for the same period.

Katherine Watt is a CNET Money writer focusing on mortgages, home equity and banking ... not include information about every financial or credit product or service.

Among your options are a home equity loan or a home equity line of credit (HELOC) that you can use to pay for significant or unforeseen expenses, including paying down high-interest debt or paying ...

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

Home equity lines of credit, or HELOCs, usually come with variable rates where the rate changes periodically. Because home equity loans are a type of secured debt, they often have lower rates than ...