Both HELOCs and home equity loans have unique risks (and safety features) that borrowers should be aware of for 2025.

You could lose your home if you fail to repay your loan, but there are steps to take that can avoid that scenario.

For homeowners looking to tap record amounts of home equity, the good news could well be ongoing. Bankrate Chief Financial ...

It is possible to secure a home equity loan without an appraisal, although it may be more difficult to find. And in today's ...

Considering a home equity loan to pay for your planned spring projects? Here's why you should start the process now.

then a home equity loan might be a good option. Forbes Advisor compiled a list of the best home equity loan lenders based on their starting interest rate, average closing time and other factors ...

You've paid off your mortgage, congratulations! But now you have a massive home repair project and not enough ready cash to cover it. Fortunately, you can still take out a home equity loan on your ...

Americans with mortgages hold a record $17.2 trillion in home equity, according to updated ICE Mortgage Monitor data. If you’re among homeowners who’ve seen your home value soar, tapping into ...

Experts recommend keeping HELOC borrowing small and short-term to avoid higher payments from rising rates. Consider ...

Caroline BasileMortgages and Student Loans Deputy Editor Caroline Basile ... If you’ve built sufficient equity in your home, a home equity line of credit (HELOC) can be a good option to access ...

See how we rate mortgages to write unbiased product reviews. Current home equity loan rates are a little bit lower than current HELOC rates. If you're looking to fund a home improvement project or ...

Home equity is a valuable financial resource. By definition, it’s the difference between your home’s value and how much you owe on your mortgage. For example, if your home is worth $500,000 ...