If you’re a retired homeowner, there’s a good chance that your property is worth far more than you paid for it — and that ...

Kim is a freelance contributor to Newsweek’s personal finance team. She began her career on the Bankrate copy desk in 2010, worked as a managing editor at Macmillan and went full-time freelance ...

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

Lenders view a first-lien HELOC as less risky because it serves as the main loan on your home. If you can't repay and your ...

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 ...

Looking to borrow $15,000 worth of home equity right now? Here's how much it could cost you to pay it back monthly.

Before you take out a HELOC this May, make sure you understand these key things about the HELOC minimum draw requirements: ...

HELOCs and home equity loans have fallen substantially from the highs reached at the beginning of 2024, with HELOC rates in ...

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 ...

Additionally, homeowners with low credit scores may want to avoid refinancing this May, Cohn says. A HELOC lender may charge ...

Arc Home, a New Jersey-based mortgage lender and servicer specializing in Non-QM and non-agency loans, has named Lee Malone ...

While your home equity shouldn’t be the first place you go to cover a cash shortfall, a home equity line of credit (HELOC) ...