Whether you are a new homeowner or have owned your home for years, it’s crucial to understand how your equity stake grows, ...

Both home equity products have benefits worth exploring now that inflation is rising again. Here's what to consider.

A $90,000 home equity loan comes with affordable monthly payments if secured now. Here's what to expect each month.

Home equity rates are still down substantially from the highs of this time last year, with HELOCs near a two-year low.

Also known as a real property value, your home’s equity appreciates when you make payments against the mortgage balance or when your property value increases. For example, let’s say your home is ...

Home Improvement Loan Pros and Cons Personal loans aren't the only way to finance home improvements. Two popular alternatives are home equity loans and home equity lines of credit. However ...

Consider the following financial facts before you decide on the best path forward for paying down your debt. You’ll need at least 15% to 20% equity to apply for a home equity loan. Your equity ...

Bank of America has some of the lowest average rates and fees, according to the latest Home Mortgage Disclosure Act data. It also ranked high in customer satisfaction in 2024, according to J.D ...

Ongoing strength in the U.S. economy drove mortgage rates up over 7% for the first time in eight months, casting doubt over a recovery in the housing sector. The 30-year mortgage rate inched up to ...

A home equity loan is another type of financing that’s based on the amount of equity you’ve built up. You can typically borrow around 90% of your home’s value, minus the balance on your ...

Anna Baluch is a freelance contributor to Newsweek’s personal finance team with a focus on personal loans, student loans, credit cards, and more. She has spent years writing for small businesses ...