With the Fed keeping rates paused, here's how to determine if a HELOC or home equity loan is better for homeowners.

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 ...

Before you take out a HELOC this May, make sure you understand these key things about the HELOC minimum draw requirements: ...

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 ...

HELOCs and home equity loans have fallen substantially from the highs reached at the beginning of 2024, with HELOC rates in ...

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 ...

With a home equity line of credit (or HELOC), you can borrow against the equity you have in your house to access a revolving line of credit that can be used for ongoing home renovations ...

Additionally, homeowners with low credit scores may want to avoid refinancing this May, Cohn says. A HELOC lender may charge ...

While your home equity shouldn’t be the first place you go to cover a cash shortfall, a home equity line of credit (HELOC) ...

A new survey from MeridianLink shows that consumers are warming to the idea of tapping their home equity due to economic ...

For homeowners looking to tap into the equity in their homes, Hawaii State Federal Credit Union offers a flexible and secure ...

A home equity line of credit (HELOC) is one way to take some of that value and turn it into cash. But is a HELOC the right solution during retirement? Let’s look at a few scenarios. Recent ...