News

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 ...
AARP report found that 75% of Americans ages 50 and over want to age in place — meaning they’d prefer to stay in their ...
With the Fed keeping rates paused, here's how to determine if a HELOC or home equity loan is better for homeowners.
The rates on home equity lines of credit and loans didn’t move much this week, with the average rate on a $30,000 home equity ...
One home equity borrowing option is much more affordable today, but what about in the long run? Here's what to know.
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 ...
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 ...
Before you take out a HELOC this May, make sure you understand these key things about the HELOC minimum draw requirements: ...
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 ...
Arc Home, a New Jersey-based mortgage lender and servicer specializing in Non-QM and non-agency loans, has named Lee Malone ...
with the average rate on a $30,000 home equity line of credit (HELOC) ticking up to 7.99 percent, according to Bankrate’s national survey of lenders. Meanwhile, home equity loan rates stabilized ...