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HELOCs and home equity loans offer homeowners an affordable way to borrow money now. Here are the rates for each.
Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home ...
Home equity lines of credit allow homeowners to unlock the financial power of their home’s equity to make home improvements, consolidate higher-cost debt or fund educational pursuits.
Find out how affordable your home equity borrowing options could be today.
Both HELOC and home equity loan interest rates fell again last week. Here's what potential borrowers should do next.
While home equity rates have traded in a tight range this month, they are still lower than personal loan rates, which ...
To illustrate, if your home is worth $500,000 and you owe $100,000 on your mortgage, you have $400,000 in equity. Lenders may allow you to borrow up to 85% of your home’s equity.
A home equity line of credit (HELOC) allows you to tap your home's equity for things you need and things you want. Read more about it here.
Through 2026, these deductions (where eligible) only apply to home equity lines of credit of $750,000 or less. For taxpayers who are married but file separately, this loan limit is capped at $375,000.
High summer’s heat may be making home equity rates sleepy. The average rate on a $30,000 home equity line of credit (HELOC) was unchanged at 8.27 percent for the fifth straight week, according to ...
You have a considerable sum of home equity and want to convert it into cash. In this case, you’ve likely considered a home equity loan and a home equity line of credit (HELOC) to make it happen.
Home equity lines of credit (HELOCs) and home equity loans are two ways of borrowing money against the ownership stake you have in your home. Both typically allow you to tap up to 80 or 85 percent ...