We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. Still, a home equity loan uses your home as collateral, so you'll need ...

Recent swings in the stock market, inflation that remains above where the Federal Reserve would like it to be and an overall sense of uncertainty about the economy's health have left many Americans ...

Home equity is at historic highs. If you've faithfully paid your mortgage over the years, you've likely built up quite a bit of it yourself. According to the Federal Reserve, American homeowners are ...

Yes, you can refinance both home equity loans (HELoans) and home equity lines of credit (HELOCs) — and if you borrowed during the 2023 rate spike, now might be the time to look into it. Home equity ...

Kiah Treece is a former attorney, small business owner and personal finance coach with extensive experience in real estate and financing. Her focus is on demystifying debt to help consumers and ...

Despite the Federal Reserve's best efforts, inflation has held firm. Due to that, the Fed held firm, keeping the federal funds rate steady in March. This benchmark interest rate influences the cost of ...

Home equity loans and home equity lines of credit (HELOCs) have lower interest rates than credit cards. That can lead some homeowners to use them to pay down large credit card bills. But this method ...

Tapping into home equity can provide substantial funds for home improvements at lower interest rates than personal loans or credit cards. Home equity loans, HELOCs, cash-out refinances and FHA 203(k) ...

Home equity is the portion of a house that the homeowner holds outright — the difference between the house's value and the total amount they owe on the home. As their equity increases, homeowners can ...