Rising home prices, low inventory and high mortgage rates have homeowners choosing to renovate their homes instead of moving. Two popular options for tapping into home equity for renovations include a ...

How does a home equity loan work? First, it’s important to understand that the term home equity loan is simply a catchall for the different ways the equity in your home can be used to access cash. The ...

Jake Safane has nearly 15 years of journalism and marketing experience on topics ranging from local entrepreneurship to international banking. He has written for publications such as The Economist, LA ...

If you need to borrow $20,000 in today's economy, most of your options aren't great. But what about borrowing it with a home equity loan? This unique borrowing product won't require the alteration of ...

Home equity loans this spring may be smart in some scenarios, but ill-advised in others. Here's what to consider.

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 ...

Home equity is the portion of a house that the homeowner holds outright — the difference between the house's value and the total amount they owe on the home. As their equity increases, homeowners can ...

With the mortgage market in turnaround, many homeowners are looking to tap their home equity rather than sell. One of the largest home lenders in the U.S., Rocket Mortgage, also has some of the most ...