Search results
Will home equity loan rates drop in May?
CBS News· 4 days agoWith inflation problematic, interest rates were elevated to help rein it in. On Wednesday, the Federal Reserve elected to maintain that level, keeping...
3 strategic home equity moves to make this May
CBS News· 3 hours agoBy using a home equity loan or home equity line of credit (HELOC), homeowners can gain access to tens and possibly hundreds of thousands ...
Home equity hazards: The risks of tapping into your property’s value
Bankrate via AOL· 6 days agoYour home is on the line The stakes are higher when you use your home as collateral for a loan....
Why you should get a home equity loan with interest rates on hold
CBS News· 5 days agoAlready stuck at a 23-year high between 5.25% and 5.50%, the pause further delays any help borrowers...
Using home equity to pay off your mortgage? Here are the pros and cons
CBS News· 3 days agoWhether or not it's wise to use your home equity to pay your mortgage off depends on multiple...
Should you use a HELOC for home renovations this spring? What experts say
CBS News· 6 hours agoAlthough the Fed's series of benchmark rate hikes ended last summer, there have yet to be any rate...
Today's 30-year mortgage rates fall, while 15-year terms hold steady | May 6, 2024
FOX Business· 7 hours agoThe interest rate on a 30-year fixed-rate mortgage is 7.125% as of May 6, which is 0.250 percentage...
5 Myths About Home Equity Loans
GOBankingRates via Yahoo Finance· 4 days agoAs a homeowner, you have the opportunity to use your property to build wealth or reach other financial goals. One option is taking out a loan against...
Fed SLOOS Survey: Banks reported Tighter Standards, Weaker Demand for almost All Loan Types
Calculated Risk· 1 hour agoThe April 2024 Senior Loan Officer Opinion Survey on Bank Lending Practices (SLOOS) addressed changes in the standards and terms on, and demand for, bank loans to businesses ...
Report: Private Equity Pushing Onto Bank's Low-Risk Loan Turf
PYMNTS.com· 19 hours agoPrivate equity companies are reportedly stepping up efforts to compete with banks on low-interest...