May 19, 2025 / 10:52 AM EDT / CBS News Lenders tend to offer differing rates for home equity loans and HELOCs — and there are a few drivers behind that trend. Getty Images ...

Home equity loan and HELOCs rates are based on a benchmark interest rate (the “index”), plus an additional amount set by the lender (the “margin”).

Which is the better financial move? See this breakdown of the differences, requirements and pros and cons so you can choose.

Currently, the average credit card interest rate sits close to 23% while the average home equity loan interest rate is just 8.44% (as of January 31).

President Trump has signed the VA Home Loan Program Reform Act, launching a new partial claims initiative to help veterans ...

10-Year Home Equity Loan Rates (120 Months) With a 10-year term, borrowers can enjoy a balanced monthly payment while still building equity quickly. 10-year home equity loans are ideal for medium ...

Most potential home buyers know the basics. You can secure a lower interest rate by improving your credit score, making a larger down payment or shortening the loan term. But with interest rates ...

Banks aren't shelling out for deposits like they did the past two years — a bittersweet signal that while stronger earnings are on tap, they will come at the expense of robust loan growth. After ...

Before applying for a home loan in 2025, using a Home Loan EMI Calculator is more important than ever. With changing interest rates, evolving loan terms, and tighter financial planning needs, an EMI ...

Ever since interest rates for mortgages climbed from 3% following the COVID-19 pandemic to over 6% starting in late 2022, home sales in the U.S. have cooled to a level not seen in decades.