Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home ...

HELOC applications require a hard credit pull, which temporarily lowers your credit score. Closing a HELOC and carrying a big ...

Considering borrowing with a HELOC this year? Then start thinking about the answers to these three questions now.

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 ...

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 ...

Its GoalBuilder HELOC offers loan amounts as low as $5,000, making it a solid option for borrowers who only need a small line of credit. Get your rate and line amount—up to $400K—in minutes ...

according to Bankrate's home equity loan and HELOC averages. Note that these are nationwide rates. Average rates vary state by state, typically by one to two percentage points. As of January 29 ...

kate_sept2004 / Getty Images A home equity line of credit (HELOC) is a line of credit that uses the equity you have in your home as collateral. The amount of credit available to you depends on the ...

Your equity equals your home's current value minus the amount you owe on it. You can borrow against this equity, preferably ...

in which you borrow a lump sum and the home equity line of credit (HELOC). A traditional home equity loan is often referred to as a second mortgage. You have your primary mortgage, and now you're ...

The average rate on a $30,000 home equity line of credit (HELOC) steadied at 8.28 percent this week — close to its lowest level in a year and a half, according to Bankrate’s national survey of lenders ...