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

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 ...

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.

Minimal movement in home equity rates in the latest week. The benchmark 5-year $30,000 home equity loan edged down two basis ...

Don't instinctively swipe your credit card now when a home equity loan could be a better way to borrow. Here's why.

What’s driving home equity rates today? Rates on HELOCs and home equity loans are being driven primarily by two factors: lender competition for new customers and the Federal Reserve’s actions. The Fed ...

Home equity rates ticked lower in the latest week, reaching levels not seen since 2023. The $30,000 home equity line of ...

Splitero reports on equity-sharing agreements as a new way for homeowners to access equity without monthly payments, offering ...

How does a home equity loan work? First, it’s important to understand that the term home equity loan is simply a catchall for the different ways the equity in your home can be used to access cash. The ...

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 ...