Home Equity

The Latest

How to get the best home equity loan rates

Boosting your credit and lowering your debt-to-income ratio are a couple of ways to get better rates.

Today’s lowest mortgage rate? 15-year terms | June 8, 2023

Mortgage rates are mixed today, though borrowers should consider locking in their preferred rate ahead of likely future increases.

Best HELOC lenders of December 2023

Shopping around and comparing the best HELOC lenders could save you money.

Using a home equity loan to pay off credit card debt

Paying off high-interest credit card debt with a home equity loan could help you get out of debt sooner, but it also puts your home at risk.

Home equity loans: what to know

Home equity loans are disbursed and can be used for almost any purpose, but don’t overlook the risks. If you default on your loan, you could risk foreclosure.

Cash-out refinance on an investment property: what to know

You can use the funds from a cash-out refinance on your investment property to make home improvements, consolidate debt, and more.

Pros and cons of a cash-out refinance

A cash-out refinance can provide funds at a lower interest rate than you’d pay with a personal loan or other alternatives — but they don’t come without risks.

How to get a home equity loan with bad credit

You can get a home equity loan if you have bad credit, but you might have to accept a higher interest rate and less favorable terms.

Best cash out refinance lenders of December 2023

The trick to getting a cash-out refinance with better rates and terms than your existing mortgage is finding the “best” lender to meet your needs.