Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home equity loan is a fixed-rate, lump-sum loan that allows homeowners to borrow up ...

Currently, the average rate on a home equity loan ranges from 8.15% to 8.30%, depending on the term. So, if a 0.5% drop is ...

As home prices stay elevated in most markets across the nation, and as more older Americans look for ways to unlock the equity in their homes, reverse mortgages are gaining attention. These loans, ...

As home equity loan rates sit near a two-year low, many homeowners may be wondering about the merits of acting now.