Key takeawaysA home equity loan is usually a fixed-rate lump sum based on the value available in your home. Home equity lines ...

Rates on both home equity products are comparable now, but that doesn't mean repayments will be identical for long.

Borrowing against your home might make sense in certain situations, such as to finance home improvements, but using your home ...

One major difference between Discover and Rocket Mortgage (aside from only the former listing its rates online) is that ...

Take credit cards, for example. Those short-term borrowing products currently have rates averaging over 21%. Personal loan ...

Generally, longer-term loans have higher interest rates. According to Ken Flaherty, senior manager of retail lending for ...

A website notification says Discover Home Loans “is no longer accepting applications for new home equity or mortgage ...

An uneventful week for home equity rates. The average rate on a $30,000 home equity line of credit (HELOC) was unchanged at 8 ...

Ultimately, the best time to consider a home equity loan is when you have a lot of equity – ideally, equal to about half of your home’s worth. Or, put another way, when the outstanding amount on your ...

With the potential for interest rates to cool later this summer, here's what home equity borrowers should consider.

Home equity sounds like a pretty straightforward concept: it’s the portion of your home you truly own, free and clear of debt ...

Cash-Out Refinance vs. Home Equity Loan: An Overview . A cash-out refinance pays off your old mortgage in exchange for a new one, ideally at a lower interest rate than your current mortgage.