Projects that increase your home's value are typically eligible for a tax exclusion — but most repairs are not.

Both HELOCs and home equity loans have unique risks (and safety features) that borrowers should be aware of for 2025.

Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home equity loan is a fixed-rate, lump-sum loan that allows homeowners to borrow up ...

Credit card issuers can lose customers to home equity lines of credit (HELOCs), which allow homeowners to borrow money ...

For homeowners looking to tap record amounts of home equity, the good news could well be ongoing. Bankrate Chief Financial ...

Although these options may have provided temporary relief in monthly expenses, mortgage expert Ruedy argues that the fundamental solution is a reduction in mortgage rates. Ruedy contends that Federal ...

In contrast to HELOCs’ significant drop, the average $30,000 home equity loan didn’t budge, remaining at 8.41 percent. Since the Federal Reserve began cutting interest rates this autumn ...

This in turn impacts the rates consumers pay on their loans, including HELOCs. Lenders add a margin to their HELOC rates as well. So a lender could set its rates based on the prime rate plus 0.50 ...

Because HELOCs are secured by an asset, they tend to have higher credit limits and much better interest rates than credit cards or personal loans. While HELOCs usually have variable interest rates ...

The average rate on a $30,000 home equity line of credit (HELOC) steadied at 8.28 percent this week — close to its lowest ...

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