If you’re starting to think about buying your first place but don’t know the difference between home equity and Homer Simpson, don’t worry. You’re not alone. The home-buying industry works differently ...

When a HELoan or HELOC makes sense, what to keep in mind before borrowing and other financing options available for upgrading ...

With Americans collectively sitting on record-high $17.8 trillion in tappable home equity, which explains why so many are turning to home equity lines of credit (HELOCs) to access those funds. A HELOC ...

Home equity loans are a financial tool that allows homeowners to leverage the equity they’ve built in their homes for different purposes, including home improvements, debt consolidation or funding ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. With the average home equity loan amount at approximately $320,000 right ...

If you’re a homeowner looking to tap into the value of your property, you’ve probably asked yourself: Is a home equity loan a good idea? The short answer is — it can be. A home equity loan offers a ...

Home equity is the portion of your property's value that you own outright. To determine how much equity you have, subtract the balance on your mortgage from the house's current market value. For ...

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 loan rates and terms vary enough to make a difference of thousands of dollars over the life of your loan. Both your qualifications and the terms of the loan determine the interest rate and ...

NerdWallet's mortgage content, including articles, reviews and recommendations, is produced by a team of writers and editors who specialize in home lending. Their work has appeared in The Associated ...

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 ...