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 ...

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

Kim is a freelance contributor to Newsweek’s personal finance team. She began her career on the Bankrate copy desk in 2010, worked as a managing editor at Macmillan and went full-time freelance ...

Unfortunately, in the economic climate of the last few years, rates haven't been particularly advantageous. Whether you were ...

Though HELOCs have variable interest rates and are subject to change, there have been numerous drops in HELOC borrowing rates ...

Home equity loans and HELOCs have lower interest rates than credit cards, encouraging some homeowners to use them to pay off ...

HELOC interest rates are near two-year lows, making them significantly cheaper than home equity loans. Here's why.

The pandemic-era housing boom swelled Americans' home equity to record levels. Tapping into that could prop up the consumer ...

Home equity line of credit (HELOC) rates continue to drop, currently close to 8 percent — a level not seen since 2023.

A fixed rate can protect you when general interest rates are rising. However, with some fixed-rate HELOCs, you can end up paying a higher rate than necessary if rates fall.

Home equity rates did the slightest of dips in the most recent week. The $30,000 home equity line of credit (HELOC) fell one basis point to 8.28 percent, trading near its lowest level in more than ...