While interest rates remain elevated on a variety of borrowing products, they've been in a steady decline on home equity ...

As HELOC interest rates fall, borrowers should familiarize themselves with the driving factors behind the decline.

A 5-year home equity loan averaged nearly 9% in January 2024. Now, it's 8.36%. Rates on home equity lines of credit have ...

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 ...

Interest rates on both home equity products continued their downward trend this week. But which is smarter for you?

The Commerce Department’s latest reading on gross domestic product showed the U.S. economy contracted in the first quarter ...

For example, the flexibility of a HELOC makes it a great way to borrow money for any purpose. And interest rates are often lower than other types of loans and are only paid on the amount borrowed.

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

Lenders view a first-lien HELOC as less risky because it serves as the main loan on your home. If you can't repay and your ...

Both HELOC and home equity loan rates tumbled this week, with the $30,000 HELOC down below 8% and the $30,000, 5-year HE Loan ...