Becoming a homeowner is a major milestone, and the benefits don't end when you cross the threshold. Under the right circumstances, you can use your home as a tool to reach other financial goals. In ...

A home equity loan is usually a fixed-rate lump sum based on the value available in your home. Home equity lines of credit (Helocs) are revolving lines of credit based on your available equity and ...

The holiday season usually means Americans are running up their credit card debt. Come January, lenders are typically fielding a plethora of inquiries for home equity lines of credit for people ...

Whether you’re funding renovations, consolidating debt, or planning for the future, the equity you have in your home can be a powerful financial tool. But what’s the best option for actually ...

HELOCs, or home equity lines of credit, give homeowners a way to leverage the growing value of their house for anything from renovations to college tuition — and enjoy 10 years of interest-only ...

With home values remaining high overall, a growing number of homeowners are weighing whether it makes sense to tap into their ...

Homeowners in the U.S. have relied on two familiar methods for accessing their housing wealth, otherwise known as equity, in the past. Those two methods are home equity loans and home equity lines of ...

In the elevated interest rate climate of recent years, there have been few affordable borrowing options to choose from. Personal loan interest rates, for example, have been frozen at around 12% for ...

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 ...

Home equity rates held steady as the Federal Reserve lowered interest rates by a quarter point at its final meeting of 2025. The $30,000 home equity line of credit was unchanged, holding at 7.81% for ...