A lower credit score doesn’t necessarily mean a lender will deny you a home equity loan. It does mean the loan will be more expensive, as you won’t get the lowest interest rate. It’s possible to get a ...

Many households being asset-rich yet cash-poor, having potentially millions trapped in home equity while everyday costs rise ...

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

A downward trend in the home equity borrowing interest rate climate has reversed course in recent weeks, with rates on both home equity loans and home equity lines of credit (HELOCs) stalling.

Home equity loan rates and terms vary enough to make a difference of thousands of dollars over the life of your loan. Both your qualifications and the terms of the loan determine the interest rate and ...

Despite the Federal Reserve's best efforts, inflation has held firm. Due to that, the Fed held firm, keeping the federal funds rate steady in March. This benchmark interest rate influences the cost of ...

With American homeowners collectively sitting on a whopping $17.6 trillion in home equity as of 2025, you may be considering tapping into this resource to create the home you’ve always wanted. But as ...

As a trusted personal finance writer and mortgage specialist, Maryalene LaPonsie has interviewed hundreds of certified financial planners, CPAs and wealth advisors, and distills their expertise into ...

Ever since the first building and loan association was founded in Frankford, Pennsylvania, in 1831, financial institutions have been creating innovative new ways for Americans to buy homes and access ...

Some people who need money fast to pay for unexpected expenses or large purchases turn to personal loans. In most cases, lenders will verify your income to ensure that you have enough money to repay ...

Home equity is the percentage of your home you own outright, as opposed to the amount you still owe on a mortgage. If you made a 10% down payment, you'd start with 10% equity and increase from there ...

Despite their advantages, home equity loans come with risks — including the potential to lose your home if you miss payments. Ideally, they should be used to finance home improvements or consolidate ...