This makes a HELOC one of the cheapest ways to borrow money as of early May 2025. But securing the funds is only half of the ...

With the Fed keeping rates paused, here's how to determine if a HELOC or home equity loan is better for homeowners.

The rates on home equity lines of credit and loans didn’t move much this week, with the average rate on a $30,000 home equity ...

A HELOC is a line of credit based on your home’s equity: The more equity (value) you’ve built up in the home, the more money you can access via a HELOC. A HELOC allows you to borrow exactly ...

One home equity borrowing option is much more affordable today, but what about in the long run? Here's what to know.

Arc Home, a New Jersey-based mortgage lender and servicer specializing in Non-QM and non-agency loans, has named Lee Malone ...

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 ...

Before you take out a HELOC this May, make sure you understand these key things about the HELOC minimum draw requirements: ...

Lenders view a first-lien HELOC as less risky because it serves as the main loan on your home. If you can't repay and your ...

With a home equity line of credit (or HELOC), you can borrow against the equity you have in your house to access a revolving line of credit that can be used for ongoing home renovations ...

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 ...

More homeowners are willing to take out a HELOC versus three years ago, but a knowledge gap remains around the use cases for ...