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 ...

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

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 ...

"Call" your HELOC: If home values plummet dramatically, lenders might invoke a clause that allows them to demand repayment of ...

A HELOC is a line of credit based on your home’s equity: The more equity (value) you’ve built up in the home, the more money you can access via a HELOC. A HELOC allows you to borrow exactly ...

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

Ashley is a lead editor of mortgages and loans at Forbes Advisor. She graduated from Utah Tech University with a bachelor’s in English with an emphasis in creative writing. She began her career ...

Tapping into your home equity is a pretty straightforward way to access cash that might otherwise be hard to come by, and a ...

With a home equity line of credit (or HELOC), you can borrow against the equity you have in your house to access a revolving line of credit that can be used for ongoing home renovations ...

Achieve Loans (NMLS #1810501) offers home equity lines of credit (HELOCs). Its product is targeted toward people struggling with high-interest debt, like credit card debt. With a HELOC from ...

WESTERLY, R.I., May 2, 2025 /PRNewswire/ -- Washington Trust launched a new Home Equity Line of Credit product today, to help homeowners with home improvement projects, debt consolidation ...