A home equity loan is usually a fixed-rate lump sum based on the value available in your home. Home equity lines of credit (Helocs) are revolving lines of credit based on your available equity and ...

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.

HELOCs, or home equity lines of credit, give homeowners a way to leverage the growing value of their house for anything from renovations to college tuition — and enjoy 10 years of interest-only ...

Reina Marszalek is a staff senior personal finance editor at Buy Side from WSJ. Staff Deputy Personal Finance Editor, Buy Side from WSJ Valerie Morris is a staff deputy personal finance editor at Buy ...

An increasing number of homeowners are tapping the equity in their homes for cash, but not to finance a new kitchen. Instead, they’re turning their house into a piggy bank, sometimes to get their ...

Caroline Basile is Forbes Advisor’s student loans and mortgages deputy editor. With experience in both the mortgage industry and as a journalist, she was previously an editor with HousingWire, where ...

Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance. If ...

Founded in 1904, Bank of America is the largest HELOC lender in the U.S., with $25.5 billion loaned in the last quarter of 2024. We love BofA's home equity line of credit for its extensive draw range ...

Content from Forbes Advisor Brand Group is presented as part of a paid partnership with our advertisers. U.S. homeowners collectively hold more than $11.5 trillion in tappable equity, according to ...

Vice President of Lending for Team Hochberg at Homeside Financial and host of WGN’s “Home Sweet Home Chicago” David Hochberg joins Bob Sirott to discuss just how much gas prices impact the economy as ...

Longbridge and Figure partner to offer senior homeowners fast, flexible online access to a home equity line of credit — tailored specifically to meet the needs of borrowers 62 and older. “Too many ...