You can use home equity to pay off high-interest debt or improve your home, but it’s important to understand the risks.

Here's what many would consider a good home equity loan interest rate now that the Fed's reducing rates again.

A cooler interest rate climate may entice homeowners in need of $15,000 to consider their home equity loan options.

Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home equity loan is a fixed-rate, lump-sum loan that allows homeowners to borrow up ...

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 ...

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 ...

Founded in 1938, offers home equity loans and home equity lines of credit (HELOCs) with a variety of terms, providing homeowners with flexibility at an affordable rate. In fact, its low rates earned ...

SALT LAKE CITY — If you're carrying high-interest credit card debt, using your home's equity may be a way to ease the burden. New data from the Federal Reserve Bank of New York shows credit card ...

For many retirees, the home they’ve lived in for decades isn’t just a place to live. It’s the single largest asset in their financial portfolio. According to the U.S. Census Bureau (PDF), households ...

Credit card debt reached an all-time high of $1.2 trillion by the end of 2024, according to data from the Federal Reserve Bank of New York. On Wednesday, the Federal Reserve announced it was lowering ...

In what’s being described as the Great Wealth Transfer, economists project that more than $100 trillion of wealth will pass from the baby boomer generation to their children over the next 25 years. As ...