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

A HELOC could offer a cost-effective way to purchase a second home now. Here's what homeowners should consider.

Provided you continue to meet contract requirements, your HELOC APR will stay locked in at the low promotional rate for the ...

Home equity loans and HELOCs (home equity lines of credit) both allow you to borrow against your ownership stake in your home. Both use your home as collateral, and may offer tax deductions if the ...

A HELOC could wreak havoc on your credit score if you draw out the maximum amount available. Because it is a line of credit, ...

"The fastest way to access home equity is to prepare before you need it," emphasizes Joe Perveiler, senior vice president and ...

The alignment of consumer demand and investor appetite makes home-based alternative financing a vital tool in modern ...

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 for things like ongoing home renovations, college ...

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 ...

Reverse mortgages, home equity loans and home equity lines of credit (HELOCs) all allow you to tap into your home equity. Despite this similarity, the three have some key differences, especially ...

A remodel may include raising a ceiling, moving a bathtub to a new wall, adding an extension or new room or even installing a ...

Another week, another decline in HELOC rates. The average rate on a $30,000 home equity line of credit (HELOC) fell to 8.06 ...