A HELOC can be a smart borrowing tool — but only if used for the right reasons. Here's how to do that this summer.

A reverse mortgage is ideal for seniors who may have limited financial resources, as no payment is required. So if you have ...

Founded in 2018 by SoFi's Mike Cagney, fin-tech startup Figure is one of the largest providers of home equity lines of credit ...

Lenders tend to offer differing rates for home equity loans and HELOCs — and there are a few drivers behind that trend. . As ...

Home equity loan and HELOCs rates are based on a benchmark interest rate (the “index”), plus an additional amount set by the ...

Borrowers can pay off a HELOC early at any time during the draw period or repayment period. Paying off a HELOC is not the ...

Home equity lines of credit are being pushed hard by banks and lenders, even while delinquencies are on the rise. But why?

MBA panelists highlighted the chance for loan officers to originate more HELOCs and other second-lien mortgages as the ...

If you’re a millionaire, congratulations, you have made it, and you should only be thinking about what to do with all of your ...

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 ...

If you’re a retired homeowner, there’s a good chance that your property is worth far more than you paid for it — and that ...

Using a HELOC to pay off your mortgage may help you lower your interest rates on your home loan, potentially giving you a ...