When used correctly, borrowing money through a home equity loan can be a strategic way to get ahead financially. Some people use the funds for home improvements to increase the value of their property ...

U.S. homeowners are sitting on a record $34.5 trillion in home equity, and more are tapping that mountain of accessible assets. Home equity available to homeowners has risen by $600 million since the ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. With the average home equity loan amount at approximately $320,000 right ...

Home equity loan interest rates, already on a slow but consistent decline for much of the last 18 months, fell to a new 2025 low this week. Now at an average of just 8.23%, home equity loan rates are ...

Home equity loans and home equity lines of credit (HELOCs) have lower interest rates than credit cards. That can lead some homeowners to use them to pay down large credit card bills. But this method ...

Rachel Witkowski is an award-winning journalist whose 20-year career spans a wide range of topics in finance, government regulation and congressional reporting. Ms. Witkowski has spent the last decade ...

If you own more than one property, you can borrow against any equity you've built up to fund a significant expense. When you take out a home equity loan and use your home as collateral, it's important ...

Learn how to get the best rate on a home equity loan Written By Written by Staff Senior Editor, Buy Side Miranda Marquit is a staff senior personal finance editor for Buy Side. Edited By Written by ...

Kiah Treece is a former attorney, small business owner and personal finance coach with extensive experience in real estate and financing. Her focus is on demystifying debt to help consumers and ...

If you look at the real estate market today, it is growing rapidly. Due to this, the prices of property have reached the ...

We might earn a commission if you make a purchase through one of the links. The McClatchy Commerce Content team, which is independent from our newsroom, oversees this content. If you’re approved for a ...