Key takeawaysA home equity loan is usually a fixed-rate lump sum based on the value available in your home. Home equity lines ...

Borrowing against your home might make sense in certain situations, such as to finance home improvements, but using your home ...

One major difference between Discover and Rocket Mortgage (aside from only the former listing its rates online) is that ...

Rates on both home equity products are comparable now, but that doesn't mean repayments will be identical for long.

Take credit cards, for example. Those short-term borrowing products currently have rates averaging over 21%. Personal loan ...

An uneventful week for home equity rates. The average rate on a $30,000 home equity line of credit (HELOC) was unchanged at 8 ...

In other words, your residence can be a key financial resource for your family. Buying and maintaining a home builds an ...

Generally, longer-term loans have higher interest rates. According to Ken Flaherty, senior manager of retail lending for ...

Home equity sounds like a pretty straightforward concept: it’s the portion of your home you truly own, free and clear of debt ...

Home equity loans are secured by your equity, which is the difference between the property's value and any existing mortgage balance. For example, if you owe $150,000 on a home valued at $250,000 ...

With the potential for interest rates to cool later this summer, here's what home equity borrowers should consider.

Cash-Out Refinance vs. Home Equity Loan: An Overview . A cash-out refinance pays off your old mortgage in exchange for a new one, ideally at a lower interest rate than your current mortgage.