News

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 ...
An uneventful week for home equity rates. The average rate on a $30,000 home equity line of credit (HELOC) was unchanged at 8 ...
In other words, your residence can be a key financial resource for your family. Buying and maintaining a home builds an ...
Taking out a home equity loan can be smart, but is it risky to take out if you have debt? Here's what to consider.
The market currently projects an interest rate cut in the fall, though two Fed officials floated the possibility of a rate ...
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.
A home equity loan could come with a lower interest rate, but a personal loan could offer faster access to funds. Weigh your options carefully to choose the best one for your financial situation.