a home equity line of credit (HELOC) can be a good option to access the cash you need. Forbes Advisor ranked multiple top lenders with a focus on their interest rates. Connexus Credit Union landed ...

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 ...

And home equity loan interest rates have been declining, both in 2025 and for much of 2024. Understanding this dynamic, then, and with the knowledge that the average home equity amount is high now ...

Home equity loans, after all, were one of the cheaper and more reliable borrowing products for much of the last few years, even when inflation was high and interest rates were elevated.

Kim is a freelance contributor to Newsweek’s personal finance team. She began her career on the Bankrate copy desk in 2010, worked as a managing editor at Macmillan and went full-time freelance ...

Find out: How much equity can I borrow from my home? (And why isn’t it more?) The Fed holds pat on rates: What does that mean for borrowers? When the Federal Reserve began cutting interest rates ...

Most experts do not expect a housing market crash in 2025 since many homeowners have built up significant home equity. The issue is primarily an affordability crisis. High interest rates and ...

Quite a contrast from the last months of last year, which saw three successive slashes in interest rates — and a corresponding drop in home equity loans and home equity lines of credit (HELOCs ...

Home equity loans usually offer a lower interest rate than personal loans, but both usually offer lower interest rates than credit cards. Both loan types can be used for a variety of purposes ...