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

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

A home equity line of credit (HELOC) is a revolving line of credit that you can tap as needed, similar to a credit card. Home equity loans also tend to have fixed interest rates, while HELOCs ...

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

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

Certain HELOC fees can quietly raise the cost of borrowing. Here are the big ones you should keep an eye out for.

If you need an affordable way to borrow a large amount of money, a HELOC could make sense this July. Here's why.