A home equity loan is also known as a second mortgage. Discover how this consumer loan can allow you to borrow against the ...

Both offer viable ways to borrow $50,000 worth of home equity, but only one has timely benefits worth knowing now.

Normally when someone has a low mortgage rate, they don’t refinance into a higher one ...

Discover the key differences between home equity loans and mortgages, including their purposes, stages of use, tax implications, and impact on your home equity.

Find out how affordable your home equity borrowing options are now.

Home equity is at historic highs. If you've faithfully paid your mortgage over the years, you've likely built up quite a bit of it yourself. According to the Federal Reserve, American homeowners are ...

Home equity is a valuable financial resource. By definition, it’s the difference between your home’s value and how much you owe on your mortgage. For example, if your home is worth $500,000 and you ...

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

The rate on a 30-year fixed refinance increased to 6.33% today, according to the Mortgage Research Center. The 15-year, fixed ...

Recent Fed rate cuts have made home equity loans less expensive. Here's how much a $70,000 loan costs monthly now.

Mortgage Research Center. Rates averaged 5.33% for a 15-year financed mortgage and 6% for a 20-year financed mortgage.

If you're an older homeowner looking for an infusion of cash, a reverse mortgage could seem like a no-brainer. there is no minimum credit score requirement and — as long as you stay current with your ...