A home equity loan could be the smart way to borrow money this May, assuming homeowners avoid these three mistakes.

Additionally, homeowners with low credit scores may want to avoid refinancing this May, Cohn says. A HELOC lender may charge ...

The Commerce Department’s latest reading on gross domestic product showed the U.S. economy contracted in the first quarter ...

The biggest selling point of homeownership is that it builds wealth while renting is wasted money. But that's only true if ...

While your home equity shouldn’t be the first place you go to cover a cash shortfall, a home equity line of credit (HELOC) ...

Lenders view a first-lien HELOC as less risky because it serves as the main loan on your home. If you can't repay and your ...

What’s driving home equity rates today? HELOCs and home equity loans have fallen substantially from the highs reached at the ...

Home equity loans turn your home equity into a lump sum of cash you can use however you’d like. There are also HELOCs, which ...

The more equity (value) you’ve built up in the home, the more money you can access via a HELOC. A HELOC allows you to borrow ...

There's no investment quite like a home. For many, it's an asset that can bolster wealth, expand opportunities and become a ...

Accessing your home’s equity can be a pivotal financial move if you have a specific use for that equity. To meet the ...

A HELOC is a line of credit based on your home’s equity: The more equity (value) you’ve built up in the home, the more money you can access via a HELOC. A HELOC allows you to borrow exactly ...