The cost of home renovations can be overwhelming if you use spare cash to pay for the work. A better solution for some homeowners is to finance the work with a home equity loan. Read Next: How ...

Rising home prices, low inventory and high mortgage rates have homeowners choosing to renovate their homes instead of moving. Two popular options for tapping into home equity for renovations include a ...

Today's high-rate environment and the rising cost of living are leaving many borrowers in a tough spot. Interest rates on credit cards are still sitting near record highs in mid-2025, after all, and ...

Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.

Not much movement in home equity rates in the most recent week. The average rate on a $30,000 home equity line of credit (HELOC) remained at 8.27 percent, while the $30,000 home equity loan climbed ...