A home equity line of credit (HELOC) is a powerful borrowing tool in some situations, but it's not right for everyone.

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

That creates an opportunity to borrow with a home equity line of credit (HELOC). A second home loan is a big commitment, but as a credit line, a HELOC offers a lot of flexibility. In fact ...

A $200K home equity loan or HELOC could be the borrowing option you need, but there are some factors to consider before ...

Kim is a freelance contributor to Newsweek’s personal finance team. She began her career on the Bankrate copy desk in 2010, worked as a managing editor at Macmillan and went full-time freelance ...

With the average home equity level high now, it helps to know what a $250,000 home equity loan could cost monthly.

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 ...

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

Typically, homeowners seek home equity loans or lines of credit (HELOC) to access their equity, but a cash-out refinance can accomplish a similar result. A HELOC is a line of credit guaranteed by ...

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

Home equity loans and home improvement loans can fund your home remodel projects, but they serve different needs with ...