Homeowners Seek HELOC Loans to Unlock Equity, As the Fed Hikes Interest Rates
CNET· 1 week agoAs the Federal Reserve continues to jack up interest rates, homeowners are shifting their attention...
Average HELOC Rates: August 8, 2022—10-Year HELOC Rates Reach A 52-Week High
Forbes· 1 week agoThe average rate on a 20-year HELOC (home equity line of credit), hit a new high—5.96%, according to...
Half of Mortgaged Homes Are 'Equity-Rich,' But Borrowing With a HELOC Just Got More Expensive
Time Magazine· 2 weeks agoThe Fed’s decision last week to raise its benchmark short-term interest rate by 75 basis points...
Current Mortgage Refinance Rates, August 4, 2022 | Rates Jump Back to 5.5% | NextAdvisor with TIME
Time Magazine· 2 weeks agoSimply put, the cost of refinancing is increasing because rates are higher. Refinance closing costs...
Home Equity Line of Credit vs. Refi: Which Makes More Sense in This Economy?
CNET· 13 hours agoIf you're not looking to move, you can tap your home's equity through either a cash-out refinance, a...
Home Equity Loan and HELOC Rates Rose This Week as Inflation Slowed Down
Time Magazine· 7 days agoHome equity loan rates saw only modest changes this week as reports offered signs that the high...
HELOC vs Home Equity Loan: Which Is Better? - The Sacramento Bee
The Sacramento Bee· 6 days agoPerhaps the biggest perk of homeownership — apart from having a place to call your own — is the...
Rising Home Values Make Second Mortgages More Attractive. Know the Risks Before You Borrow
Time Magazine· 1 week agoThe opportunity to borrow against this equity is readily available to many, and many people are...
Why the Federal Reserve's Interest Rate Hikes Could Make Personal Loans More Appealing
The Motley Fool· 5 days agoNow's a really good time to look at a personal loan. Personal loans are flexible and let you borrow...
Current Refinance Rates, August 5, 2022 | Rates Trend Higher | NextAdvisor with TIME
Time Magazine· 2 weeks agoToday, a few closely followed mortgage refinance rates went up. The Federal Reserve has already...