To qualify for a home equity line of credit, you typically need at least 15% to 20% equity in your home, a credit score of ...

Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home ...

If you’re happy with your mortgage rate but want to tap into your home’s equity, consider how the Federal Reserve’s next ...

High summer’s heat may be making home equity rates sleepy. The average rate on a $30,000 home equity line of credit (HELOC) ...

A home equity line of credit, or HELOC, is a type of revolving credit similar to a credit card, but that’s secured by your home. You’ll be able to access funds from your HELOC as you need ...

Home equity loan: A home equity loan is similar to a HELOC, but instead of a credit line, it gives you a lump sum of cash. Repayments begin right away, at a fixed interest rate , meaning your ...

If you’re contemplating tapping your home equity, you’re not alone: Almost 30 percent of homeowners say they would consider ...

Savvy homeowners can take advantage of the lull in the home equity borrowing climate by making these three moves now.

Home equity loan vs. line of credit: pros and cons Both home equity loans and HELOCs tend to have lower interest rates than credit cards or personal loans, making them a more affordable way to borrow.

The credit score needed to get approved for a HELOC can vary and depend on the value of your home, the available home equity, your income, other outstanding debts, and your credit history. Some ...

Vice President of Lending for Team Hochberg at Homeside Financial and host of WGN’s “Home Sweet Home Chicago” David Hochberg joins Bob Sirott to discuss just how much gas prices impact the economy as ...

A home equity line of credit, or HELOC, is a revolving line of credit that’s secured by your property. Lenders usually let you borrow up to 90% of your home’s current value, minus the balance ...