In the unique rate climate of February 2025, prospective HELOC borrowers should consider making these three moves.

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

Both HELOCs and home equity loans turn your home equity into cash, but that's done differently for each. With home equity ...

For reference, it also helps to know what they could look like if they rise by that same amount, should economic factors ...

A simple rule can prevent you from overdoing it with a home equity line of credit: Don't borrow a lot, and don't borrow for ...

There are several popular ways to liquidate home equity, including a home equity loan, home equity line of credit, cash-out ...

Ashley is a lead editor of mortgages and loans at Forbes Advisor. She graduated from Utah Tech University with a bachelor’s in English with an emphasis in creative writing. She began her career ...

HELOC rates are a little higher than current mortgage rates, but they could still allow a homeowner to save money on borrowing for construction costs or consolidating debt when compared to ...

Marshall Clay, a financial advisor with The Welch Group, offers a checklist to consider when facing a job change. 1. Build an Emergency Cash Reserve Before making any major career moves, ensuring you ...

One of the most common forms of revolving credit is a credit card, which can significantly impact your credit score. By ...

With that in mind, take an old-timer’s advice on using a variable-rate home equity line of credit: “Don’t borrow a lot, and don’t borrow for long.” That guidance comes from Lou Barnes ...

CNBC Select reviews Bank of America mortgage offerings, including purchase loans, refinancing, closing cost grants and more.