Home equity loans and HELOCs can help you improve your financial position when used wisely this fall. Here's how.

Home equity is the portion of a house that the homeowner holds outright — the difference between the house's value and the total amount they owe on the home. As their equity increases, homeowners can ...

Using a home equity loan to buy a second home after rates were cut could make sense for some homeowners. Here's why.

Home equity is the portion of your property's value that you own outright. To determine how much equity you have, subtract the balance on your mortgage from the house's current market value. For ...

Borrowing against the value of your home can be a smart way to cover big expenses, but only if you manage it carefully. Whether you’re renovating, paying down debt, or […] ...

Understanding your options — from traditional home equity loans to reverse mortgages — can help you make informed decisions ...

In basic terms, a home equity loan is money you’re borrowing using your home as collateral. The equity in your home equals how much of your home’s value you actually own (not counting the mortgage you ...

He proposed two ways investors can tap into that equity, using financing offered by Prosper. Even those only scratch the surface of how creative real estate investors can tap their equity. Often ...

The average rate on a $30,000 home equity line of credit (HELOC) fell to 8.05 percent, according to Bankrate’s national survey of lenders, as the Federal Reserve cut interest rates by a quarter point, ...

HELOC rates are the most affordable they’ve been in months. The average rate on a $30,000 home equity line of credit (HELOC) fell to 8.13 percent, while the $30,000 home equity loan held steady at ...