HELOC interest rates continued to fall this week, giving prospective borrowers a few timely items to think about.

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 ...

There's a strong argument to be made for borrowing with a HELOC over a cash-out refinance now. Here's what to know.

Some or all of the mortgage lenders featured on our site are advertising partners of ... partners and here's how we make money. A home equity line of credit, or HELOC, is a second mortgage that ...

Before getting started with either product, however, interest borrowers should know what to look for – and how to compare – their HELOC and home equity loan rate offers now to find the most ...

Though HELOCs have variable interest rates and are subject to change, there have been numerous drops in HELOC borrowing rates recently. The average rate on a HELOC is now 8.03% — a two-year low.

Americans with mortgages hold a record $17.2 trillion in home equity, according to updated ICE Mortgage Monitor data. If you’re among homeowners who’ve seen your home value soar, tapping into ...