You can use a home equity line of credit (HELOC) for anything, but some uses are more suitable than others. HELOCs are best suited for investments or expenditures that will improve your financial ...

Reina Marszalek is a staff senior personal finance editor at Buy Side from WSJ. Staff Deputy Personal Finance Editor, Buy Side from WSJ Valerie Morris is a staff deputy personal finance editor at Buy ...

Homeowners have multiple avenues to look into if they want to tap their home equity. A home equity line of credit (HELOC) is one such tool, and while this line of credit offers flexible financing, it ...

Aly J. Yale is a contributing writer for the Managing Your Money section for CBSNews.com, covering various personal finance topics, including investing, homebuying, loans and more. When it comes to ...

Banks are pitching home-equity lines of credit as a cheaper form of borrowing as Federal Reserve rate cuts could lower HELOC rates to the mid-6% range, according to one estimate An increasing number ...

How does a home equity loan work? First, it's important to understand that the term home equity loan is simply a catchall for the different ways the equity in your home can be used to access cash. The ...

With the mortgage market in turnaround, many homeowners are looking to tap their home equity rather than sell. One of the largest home lenders in the U.S., Rocket Mortgage, also has some of the most ...

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 ...

How soon you can pull equity out of your home is not so much about time as it is about the size of your ownership stake. Most lenders typically require homeowners to have a minimum of 20% equity, and ...