Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home ...

Average HELOC interest rates just hit their lowest point in months. But are they worth opening for homeowners now?

Sarah Rose, senior home equity manager at Affinity Federal Credit Union, says now is a good time to tap into your home equity ...

Why you should open a HELOC as interest rates are dropping The average HELOC interest rate was 9.26% earlier this week. Now it's 8.94%.

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

Since that point, they've steadily declined, the latest drop coming this week when HELOC rates fell to an average of 8.56% – the lowest point it's been in all of 2024. That's a difference of 1.6 ...

“With the Fed still holding benchmark interest rates steady, there isn’t a catalyst for a meaningful decline in home equity ...

The Federal Reserve keeps short-term rates the same in July, holding rates as is for the fifth meeting in a row. What's next ...

A fixed-rate home equity line of credit (HELOC) lets you convert your home equity into cash. Unlike most traditional HELOCs, it comes with a fixed interest rate to give you more predictability ...

A fixed-rate home equity line of credit (HELOC) is when you lock in the interest rate you pay so your monthly payments don't fluctuate with current market rates. Here's how it works.

Meanwhile, rates on 20-year HELOCs edged up to 7.29% for the week ending June 20, up from 6.84% the week prior. You can see the lowest HELOC rates you might qualify for here.

If you’re happy with your mortgage rate but want to tap into your home’s equity, consider how the Federal Reserve’s next ...