Key takeawaysA home equity loan is usually a fixed-rate lump sum based on the value available in your home. Home equity lines ...

Rates on both home equity products are comparable now, but that doesn't mean repayments will be identical for long.

One major difference between Discover and Rocket Mortgage (aside from only the former listing its rates online) is that ...

An uneventful week for home equity rates. The average rate on a $30,000 home equity line of credit (HELOC) was unchanged at 8 ...

Take credit cards, for example. Those short-term borrowing products currently have rates averaging over 21%. Personal loan ...

Home equity sounds like a pretty straightforward concept: it’s the portion of your home you truly own, free and clear of debt ...

Home equity loans are secured by your equity, which is the difference between the property's value and any existing mortgage balance. For example, if you owe $150,000 on a home valued at $250,000 ...

Generally, longer-term loans have higher interest rates. According to Ken Flaherty, senior manager of retail lending for ...

In other words, your residence can be a key financial resource for your family. Buying and maintaining a home builds an ...

Monthly payment difference: The home equity loan is around $109 cheaper each month and approximately $6,540 over the five ...

Capital One closed the deal to buy the credit card provider in May and as part of the review process, decided to exit its ...

A home equity loan could come with a lower interest rate, but a personal loan could offer faster access to funds. Weigh your options carefully to choose the best one for your financial situation.