News

Having your home equity borrowing product approved will largely depend on your qualifications. . For the past few years, ...
One home equity borrowing option is much more affordable today, but what about in the long run? Here's what to know.
The Commerce Department’s latest reading on gross domestic product showed the U.S. economy contracted in the first quarter ...
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 ...
Freddie Mac’s rate for a 30-year fixed rate loan is 6.76% for the week ending May 1, nearly half a percentage point lower ...
Most housing economists expect average rates for a 30-year fixed mortgage to hover between 6.5% and 7% throughout the year, ...
Home equity loans typically have fixed rates, meaning your rate will stay the same until you pay off the loan. Home equity lines of credit, or HELOCs, usually come with variable rates where the ...
If the president actually walks back his aggressive tariffs, it could bring some relief for mortgage rates. But that's a big ...
Fixed-rate HELOCs are a hybrid of a regular HELOC and a home equity loan. Like other HELOCs, they provide a credit line that you can borrow money from as needed, up to a certain agreed-upon limit.
The traditional home equity line of credit, or HELOC, is a line of credit tied to your home, and most people with HELOCs also have a primary mortgage. But there's another type of HELOC — the ...
Cash-out refinancing typically offers 15- or 30-year terms with fixed or adjustable rates. Unlike home equity loans, which add a second payment to your budget, you end up with one new mortgage ...
Unlike a home equity line of credit (HELOC) or home equity loan, home equity investments aren’t debt instruments. With traditional equity financing, you borrow against your home’s value and repay the ...