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

Tapping into your home equity offers a way to borrow money at lower rates than unsecured loans. Here's how two key options compare on costs, ...

Lower interest rates: Often, Helocs have lower interest rates than home equity loans or personal loans. They have lower ...

To better improve their chances of HELOC borrowing success, then, it may help homeowners to know the smart ways to use the ...

Your home equity — the amount of your house that you own outright — can be a valuable resource. You can use your equity to renovate some rooms, pay off credit cards, cover college tuition, start your ...

With nearly a decade covering personal finance, Rebecca Safier simplifies loans and other complex financial topics to help people manage their money with confidence. Her work has been featured in ...

Natalie Campisi is a senior journalist who covers personal finance, balancing timely news with in-depth enterprise reporting. Her mission is to make complex financial issues clear and accessible for ...

A first-lien HELOC is a revolving line of credit that replaces your primary mortgage. The loan combines a checking account, mortgage and line of credit. First-lien HELOCs are best suited for ...

Minimal movement in home equity rates in the latest week. The benchmark 5-year $30,000 home equity loan edged down two basis ...