With the Fed keeping rates paused, here's how to determine if a HELOC or home equity loan is better for homeowners.

While interest rates remain elevated on a variety of borrowing products, they've been in a steady decline on home equity ...

HELOCs and home equity loans have fallen substantially from the highs reached at the beginning of 2024, with HELOC rates in ...

As HELOC interest rates fall, borrowers should familiarize themselves with the driving factors behind the decline.

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 ...

Though the Fed's policy changes have a ripple effect on all short-term lending rates, the central bank doesn't directly set ...

A 5-year home equity loan averaged nearly 9% in January 2024. Now, it's 8.36%. Rates on home equity lines of credit have ...

If you’re a retired homeowner, there’s a good chance that your property is worth far more than you paid for it. But is a ...

For example, the flexibility of a HELOC makes it a great way to borrow money for any purpose. And interest rates are often lower than other types of loans and are only paid on the amount borrowed.

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 ...

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

When the Fed adjusts its benchmark interest rate, interest rates on savings accounts and short-term loan vehicles follow ...