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

HELOC interest rates dropped again this week, emphasizing the cost-effectiveness of this product over alternatives.

Debt-to-income ratios (DTIs) are one of the main reasons borrowers aren't able to get the best HELOC rate or, in some cases, ...

using tools like home equity loans and home equity lines of credit (HELOCs). Not to be confused with refinancing, these are both types of second mortgages that you take out in addition to your ...

That creates an opportunity to borrow with a home equity line of credit (HELOC). A second home loan is a big commitment, but as a credit line, a HELOC offers a lot of flexibility. In fact ...

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 ...

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

A fixed rate can protect you when general interest rates are rising. However, with some fixed-rate HELOCs, you can end up ...

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 ...

Marques and Shyra of Black, Married & Debt Free borrowed $120,000 from their paid-off home using a home equity line of credit ...

Home equity loans and home improvement loans can fund your home remodel projects, but they serve different needs with ...

Another week, another decline in HELOC rates. The average rate on a $30,000 home equity line of credit (HELOC) fell to 8.06 ...