Third Federal promises to beat a competitor's offered rate on a purchase mortgage or home equity line of credit or it will ...

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 ...

Home equity is a valuable financial resource. By definition, it’s the difference between your home’s value and how much you owe on your mortgage. For example, if your home is worth $500,000 and you ...

That's good news for millions of American homeowners starving for more affordable borrowing options, particularly after ...

Home equity loans, HELOCs and cash-out refinances are three popular ways to borrow money, using your home as collateral. A cash-out refinance replaces your existing mortgage while home equity loans ...

Closing on a home equity loan is a big step for homeowners who are taking advantage of the average of more than $300,000 in equity they have. For many, a home equity loan will be the biggest secured ...

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.

Is a home equity loan right for you? You’ve been faithfully paying your mortgage for decades, watching your home’s value climb while your loan balance shrinks. Now that you’re approaching or already ...

Borrowing against your home might make sense in certain situations, such as to finance home improvements, but using your home's equity to invest is always risky and could jeopardize your financial ...

If you haven’t built up much home equity yet, a personal loan is another financing option that can help cover the cost of a ...