Interest rate cuts are looming. Between a $100,000 HELOC and a $100,000 home equity loan, then, which will be cheaper?

The long-term rate fell to 6.58% from 6.63% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate ...

Rate-and-term refinances climbed 44% and cash-out refis increased 15%. Home equity originations had their strongest annual ...

The home equity borrowing rate climate cooled again this week. But should homeowners wait for rates to fall further?

Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home equity loan is a fixed-rate, lump-sum loan that allows homeowners to borrow up ...

Homeowners are cashing in on years of home equity gains, and have taken out billions of dollars in loans in Massachusetts so ...

This uncertainty introduces interest rate risk, especially for HELOCs with variable rates, meaning borrowing costs could ...

The average cash-out refinance in the second quarter resulted in the homeowner pulling $94,000 in home equity, increasing ...

If you’re a homeowner looking for ways to tap into your home’s equity, two common options you might consider are a reverse mortgage and a home equity loan. Both allow […] ...

Like a first mortgage, qualifying for a home-equity loan requires a considerable amount of paperwork and closing on an equity loan can take several weeks.