How Does an Equity Line of Credit Work? An equity line of credit is a type of revolving credit that allows homeowners to borrow against the equity in their home. Homeowners can use this credit to ...

Becoming a homeowner is a major milestone, and the benefits don't end when you cross the threshold. Under the right circumstances, you can use your home as a tool to reach other financial goals. In ...

Home equity borrowing rates have been slowly falling over the last few months, dropping to an average of just under 8%, helping to ease the cost of tapping into your home's equity. That has made home ...

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 ...

Borrowing a lump sum such as $25,000 from your accumulated home equity may feel like a lot to withdraw on the surface. But upon closer inspection, it may not be, especially when understanding that the ...

Caroline Basile is Forbes Advisor’s student loans and mortgages deputy editor. With experience in both the mortgage industry and as a journalist, she was previously an editor with HousingWire, where ...

Aven, founded in 2019, offers a lineup of niche home equity-backed credit card financing products. The Bay Area-based fintech company also boasts a product called "Aven Home Equity Cash," a more ...

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 ...