Home equity rates are determined by both macroeconomic factors, like the Federal Reserve’s monetary policy, and the ...

Home equity loan interest rates just hit their lowest point so far in 2025. Here's why owners should take advantage.

As inflation eases in 2025 and the Federal Reserve keeps rates paused, the economic landscape has brought welcome news for ...

A reverse mortgage is ideal for seniors who may have limited financial resources, as no payment is required. So if you have ...

If you’re a retired homeowner, there’s a good chance that your property is worth far more than you paid for it — and that ...

Converting your home equity to cash can be a daunting prospect. Here is some background on the options and what to keep in ...

Using a HELOC to pay off your mortgage may help you lower your interest rates on your home loan, potentially giving you a ...

A HELOC draw period is the number of years you can withdraw funds from your home equity line of credit. During this time, you ...

Ashley is a lead editor of mortgages and loans at Forbes Advisor. She graduated from Utah Tech University with a bachelor’s in English with an emphasis in creative writing. She began her career ...

However, this does not influence our evaluations. Our opinions are our own. A home equity line of credit (HELOC) is a form of credit that uses your home equity as collateral. A HELOC can help you ...

MBA panelists highlighted the chance for loan officers to originate more HELOCs and other second-lien mortgages as the ...

specializing in transactional content along with subprime and student credit. A home equity line of credit (HELOC) offers plenty of benefits to homeowners. For example, the flexibility of a HELOC ...