That said, these products operate in different ways, and they come with unique pros and cons in the interest rate environment ...

Home equity loan rates have dropped over the last year. Here's what an $80,000 home equity loan costs monthly now.

Before getting started with a HELOC, however, it's critical to understand the qualification process and, specifically, what can potentially disqualify you from getting a HELOC. Below, we'll break down ...

A home equity loan has important tax benefits that users should remember this filing season. Here's what to know.

Caroline BasileMortgages and Student Loans Deputy Editor Caroline Basile ... If you’ve built sufficient equity in your home, a home equity line of credit (HELOC) can be a good option to access ...

Compare two options for accessing the cash in your home — cash-out refinancing or home equity loans — to pay for renovations, ...

Both home equity loans and home equity lines of credit (HELOCs) allow you to borrow against the value of your home, but their exact terms vary. If you’re looking for a way to borrow money ...

If interest rates go up, your loan rate remains unchanged. Second mortgages such as home equity loans and HELOCs don’t alter a homeowner’s primary mortgage. This lets you borrow against your ...

HELOCs and home equity loans became (slightly) less affordable in the most recent week. The $30,000 home equity line of ...

Though these charges may not always be labeled as a prepayment penalty, as they are with home equity loans, they function in the same way. To understand why some HELOC loans have closing costs ...

I bought two houses for $35,000 each — but when the price is that low, finding a home equity loan or HELOC for renovations is ...

There are several popular ways to liquidate home equity, including a home equity loan, home equity line of credit, cash-out ...