While interest rates remain elevated on a variety of borrowing products, they've been in a steady decline on home equity ...

When the Fed adjusts its benchmark interest rate, interest rates on savings accounts and short-term loan vehicles follow ...

As HELOC interest rates fall, borrowers should familiarize themselves with the driving factors behind the decline.

Ashley is a lead editor of mortgages and loans at Forbes Advisor. She graduated from Utah Tech University with a bachelor’s in English with an emphasis in creative writing. She began her career ...

A 5-year home equity loan averaged nearly 9% in January 2024. Now, it's 8.36%. Rates on home equity lines of credit have ...

A HELOC comes with relatively low interest rates right now. But do you still pay interest if you don't use it?

If you’re a retired homeowner, there’s a good chance that your property is worth far more than you paid for it. But is a ...

If you're looking to fund a home improvement project or repair, a home equity loan can be an affordable way to do so. Compared with other options, interest rates on home equity loans are usually ...

Forbes Advisor compiled a list of the best home equity loan lenders based on their starting interest rate, average closing time and other factors pertinent to a satisfying borrower experience.

The Commerce Department’s latest reading on gross domestic product showed the U.S. economy contracted in the first quarter ...

For example, the flexibility of a HELOC makes it a great way to borrow money for any purpose. And interest rates are often lower than other types of loans and are only paid on the amount borrowed.

Both HELOC and home equity loan rates tumbled this week, with the $30,000 HELOC down below 8% and the $30,000, 5-year HE Loan ...