Lenders base interest rates off the prime rate, which is impacted by the Federal Reserve’s handling of the federal funds rate ...

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

While there are multiple ways to tap into your home equity, from cash-out refinancing to reverse mortgages, two of the more ...

At today’s average HELOC rate of 8.88%, which assumes an 80% LTV, borrowing $100,000 on a 10-year repayment term equates to a ...

There are two types of second mortgages that allow you to leverage the value of your home: the home equity loan and home ...

A HELOC draw period is when you can withdraw money from your line of credit, typically lasting 10 years. Find out how the ...

Deciding between home equity loan vs HELOC? Learn the difference between the two and when you may want to choose one over the ...

Balances on home equity lines of credit have risen along with home equity loans. Popular reasons for borrowing include home ...

The Federal Reserve has finally started slashing interest rates, giving some hope to homeowners looking to tap their property ...

It could be smart to access your home equity this November if you're planning to pay down high-rate credit card debt.

Homeowners with shorter-term loans (such as 10-year or 15-year mortgage loans) who are cash-strapped might consider ...

With the first interest rate cut in more than four years issued in September and others likely for when the Fed meets again ...