A bill introduced into the Oregon Senate could potentially halt the availability of proprietary product offerings in the ...

Compare two options for accessing the cash in your home — cash-out refinancing or home equity loans — to pay for renovations, ...

I overheard a friend talk about how happy she was getting approved for a reverse mortgage and was intrigued,” Marie tells ...

"Are There Different Types of Reverse Mortgages?" U.S. Department of Housing and Urban Development. “Puerto Rico Homepage.” U.S. Department of Housing and Urban Development. "2025 Home Equity ...

Interest rates have been on a bit of a rollercoaster in recent years, as can be seen clearly with rates on home equity lines of credit (HELOCs). Rates on the product were over the 10% mark to ...

Right now, HELOCs have slightly lower interest rates (8.26% on average) than home equity loans (8.44%) do. But a lower rate isn't the only consideration for seniors, particularly when it comes via ...

A home equity line of credit, or HELOC, is a second mortgage that lets you convert some of your equity in your home back into debt in exchange for cash. Your equity is the value of your home ...

How are home equity loan rates determined? As with mortgages and other consumer interest rates, home equity loan rates are affected by both the borrower's financial profile as well as larger ...

Katherine Watt is a CNET Money writer focusing on mortgages, home equity and banking. She previously wrote about personal finance for NextAdvisor. Based in New York, Katherine graduated summa cum ...

Using the funds from a home equity loan to make home renovations can make sense if you're planning on aging in place, but you also have other options.

However, because HELOCs and home equity loans are linked to your home as collateral, those rates tend to be much less expensive — more akin to current mortgage rates — than the interest ...

A reverse mortgage isn't technically a type of refinance, but there are some similarities. Like a cash-out refinance, you tap your home equity using a reverse mortgage. Rather than making payments ...