Key takeawaysA home equity loan is usually a fixed-rate lump sum based on the value available in your home. Home equity lines of credit (Helocs) are revolving lines of credit based on your available ...

Banks tend to follow the Fed's lead when setting CD rates. A rate pause means there's still time to score a high annual percentage yield on a CD. APYs have been falling even with rates paused, so if ...

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

HELOCs and home equity loans have fallen substantially from the highs reached at the beginning of 2024, with HELOC rates in ...

Though the Fed's policy changes have a ripple effect on all short-term lending rates, the central bank doesn't directly set ...

Check our interactive map to find today's 30-year mortgage rate average for any U.S. state. Right now, the cheapest-rate ...

While interest rates remain elevated on a variety of borrowing products, they've been in a steady decline on home equity ...

Unison is lowering the interest rate on its Equity Sharing Home Loan, which aims to help U.S. homeowners tap into record ...

If you’re a retired homeowner, there’s a good chance that your property is worth far more than you paid for it. But is a ...

A rate and term refinance is used to pay off the current loan, including late fees or prepayment penalties that the borrower ...

The biggest selling point of homeownership is that it builds wealth while renting is wasted money. But that's only true if ...

The Commerce Department’s latest reading on gross domestic product showed the U.S. economy contracted in the first quarter ...