Current HELOC Rates: March 22, 2023—Rates On 20-Year HELOCs Move Up
Forbes· 1 week agoA home equity line of credit (HELOC) lets homeowners tap the equity in their home through a secured...
How to get a good HELOC rate
CBS News· 7 days agoWhile traditional credit options like credit cards and personal loans may be the first to come to mind, homeowners have a wider range of options. In...
How to Refinance a HELOC
CNET· 1 week agoYou can also refinance a home equity line of credit, or HELOC, for the same reasons. Taking out a HELOC is a straightforward way to tap your home’s...
Credit scores stayed steady as consumer debt balances rose in 2022
Miami Herald· 2 days agoConsumers in 2022 exited nearly two years of economic recovery, and are now finding that economic ...
How does a home equity loan work?
San Francisco Chronicle· 2 days agoWhat is a home equity loan? A home equity loan (aka second mortgage) lets you borrow using the equity in your home as collateral. To estimate your home...
FHA cash-out refinance guide
Bankrate via Yahoo Finance· 3 days agoThe amount of the bigger loan is based on your level of equity, what you still owe on your current loan and how much in extra funds you need. Ideally,...
7 reasons to use home equity
Bankrate via Yahoo Finance· 2 days agoIt’s a time-tested way to build wealth.” Home equity is typically used for big expenses and often represents a more cost-effective financing option than...
Here's what the Federal Reserve's 25 basis point interest rate hike means for your money
CNBC· 1 week agoFor its part, the Federal Reserve has been trying to rein in inflation by raising its benchmark rate...
Golden handcuffs: Low fixed-rate mortgages are trapping millions of US homeowners as they wait for a...
MoneyWise via Yahoo Finance· 7 days agoThere are multiple benefits to staying put and building home equity in your current home. For...
Your home has never been a more powerful asset
KCRA 3 Sacramento· 2 days agoAccording to CoreLogic, the average borrower had $280,00 in home equity in early 2022 — a gain of $64,000 over the previous year and a whopping $125,000...
