In the elevated interest rate climate of recent years, there have been few affordable borrowing options to choose from. Personal loan interest rates, for example, have been frozen at around 12% for ...

As high interest rates make refinancing impossible for many homeowners, increasing numbers of them are turning to HELOCs and ...

If you are confused by personal finance terms, jargon, and calculations, here’s a series to simplify and deconstruct these ...

What do you do if you want to tap your equity without losing your low rate? You go for a home equity loan or a home equity line of credit (HELOC). For most lending products, youll ...

“With the Fed still holding benchmark interest rates steady, there isn’t a catalyst for a meaningful decline in home equity ...

Old National Bank has more than 250 locations in the Midwestern U.S. and offers several personal banking products, including deposit accounts, credit cards and loans. Its home equity loans are ...

If you have a solid idea of how much you'll need for home repairs or renovations, a home equity loan may be best for you as it provides a one-time, lump-sum amount. A HELOC is better when you're ...

Still, that doesn't mean these products are necessarily bad ideas right now. In fact, for some homeowners, taking out a home equity loan in today's market might actually be a smart move.

This is despite higher borrowing costs: the average APR for an equity release loan was 7.24% between April and June, up from ...

To qualify for a personal loan or home equity loan, you may need a credit score in the mid-to-high 600s, depending on the lender. HELOCs often require a score of 680 or higher. Remodeling loan rates ...

Between the summer of 2019 to date, there have been at least 26 securitization deals backed by home equity products valued in total at some $6.1 billion, according to a review of bond-rating and ...

They may not even survive. Here are five loan products — in addition to the plain vanilla agency paper that everyone sells — that should be on every lender’s menu going into the new year. If lenders ...