Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home ...

Home equity loans have better rates than credit cards. But is it wise to use one to pay for your wedding? CNBC Select asked a ...

Find out how affordable your home equity borrowing options could be today.

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 ...

Home equity is the difference between your house's current market value and the balance on your mortgage. It's often represented as a percentage: If your home is worth $200,000 and your mortgage is ...

MBA's Home Equity Lending Study found that lenders expect nearly 10% growth in HELOC debt and about 7% in home equity loan ...

With June's inflation reading coming in hotter than the month prior, the Fed is under renewed pressure to maintain its current target range for the federal funds rate. Analysts now see little chance ...

The Federal Reserve keeps short-term rates the same in July, holding rates as is for the fifth meeting in a row. What's next ...

While a home-equity loan is a one-time withdrawal you pay back in equal installments, HELOCs are revolving credit lines (like a credit card) you can pull from over a set period.

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 ...

In the fourth quarter of 2024, homeowner equity averaged an eye-popping $35 trillion, courtesy of a 60 percent increase in ...