Seniors should carefully review their home equity borrowing options before formally applying. Getty Images With inflation sticky, if slightly cooled last month, but interest rates still paused at ...

The bottom line Despite the average amount of home equity being high and the average home equity borrowing rate low in today's economy – a perfect combination for borrowers – homeowners should ...

FOA debuts new marketing campaign tying home equity to life’s ‘next chapter’ The reverse mortgage lender aims to refresh its appeal to the public with a new ad push developed with its new ...

Shared equity can simply mean a way for two or more people to finance a home purchase and divide its ownership. But this article isn't about that. It's about a new type of borrowing.

In short, a $200,000 home equity loan is marginally less expensive than a $200,000 HELOC is now. But that dynamic can and almost assuredly will change over a multiple-year repayment period ...

After peaking at a high point of $14.09 trillion in the second quarter of last year, senior-held home equity dropped 0.3% in Q3 2024 before falling an additional 1% in Q4.

The average rate on a $30,000 home equity line of credit (HELOC) remained at 8.27 percent, while the $30,000 home equity loan climbed one basis point to 8.26 percent, according to Bankrate’s ...