Homeowners spent much of 2025 watching borrowing costs finally ease after two years of elevated rates, and by the end of the year, home equity loan interest rates had followed mortgage rates lower as ...

Home equity loan interest rates fell this week to their lowest level in two years, a Wednesday report revealed. The average rate for the benchmark five-year home equity loan is now just 7.99%, ...

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

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 ...

A home equity loan allows you to access the ownership stake you’ve built in your home to accomplish your financial goals. Home equity loans are generally disbursed as a lump sum and repaid in fixed ...

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 ...

Your home equity is the market value of your home minus any outstanding debt on your property — including primary mortgages ...