A home equity loan comes with multiple advantages for borrowers, many of which remain timely in the economic climate of early 2025. For starters, interest rates on these loans (around 8.50% ...

If you’re a homeowner who has paid down a chunk of your mortgage or whose house has gained value, you might be able to take out a loan secured by your home equity. However, having equity in your ...

10-year home equity loan at 8.57%: $497.44 per month 15-year home equity loan at 8.52%: $394.36 per month Here's how those payments will change if rates fall by another 25 basis points later this ...

HELOCs and home equity loans became (slightly) less affordable in the most recent week. The $30,000 home equity line of credit (HELOC) climbed two basis points to 8.28 percent, according to ...

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 repair, a home equity loan can be an affordable way to do so.

Kiah Treece is a small business owner and personal finance expert with experience in loans, business and personal finance, insurance and real estate. Her focus is on demystifying debt to help ...

Oscar Wong / Getty Images If you need cash for a major home remodeling project or other expense, you may be worried about the rates on home equity loans and cash-out refinance mortgages ...

Home equity loans have been around for nearly a century, offering borrowers a way to cover major expenses such as home repairs, medical bills, and debt consolidation. Despite their long history ...

With over three years of experience writing in the housing market space, Robin Rothstein demystifies mortgage and loan concepts, helping first-time homebuyers and homeowners make informed ...

CEBU, Philippines — Occupants of Lot 93-1 can now move forward as the Home Development Mutual Fund (HDMF) or Pag-IBIG Fund will start accepting housing loan applications for this Cebu Province ...

Homeowners can get access to a large sum of cash at a fixed rate by borrowing against their property's value with a home equity loan. Katherine Watt is a CNET Money writer focusing on mortgages ...