Current home equity loan rates are a little bit lower than current HELOC rates. If you're looking to fund a home improvement project or repair, a home equity loan can be an affordable way to do so.

you may be wondering how a home equity loan affects your credit rating. Whether taking out the loan harms or helps your score largely depends on your current credit rating factors like how much ...

a home equity loan can provide you with a lump sum of cash by borrowing against the equity in your home. Forbes Advisor researched popular home equity lenders, with our highest rating awarded to ...

Our opinions are our own. Here is a list of our partners and here's how we make money. A home equity loan is a second mortgage that allows you to borrow against a portion of the value of your home ...

then a home equity loan might be a good option. Forbes Advisor compiled a list of the best home equity loan lenders based on their starting interest rate, average closing time and other factors ...

Fortunately, you can still take out a home equity loan on your paid-off home, and if you use the funds to improve your home, the interest will be tax deductible. That said, a home equity line of ...

But home equity loan rates fluctuate in response to federal funds rate adjustments — so it's important to keep an eye on what the rate trends are for these types of loans. Read on to learn what ...

Among your options are a home equity loan or a home equity line of credit (HELOC) that you can use to pay for significant or unforeseen expenses, including paying down high-interest debt or paying ...

A home equity loan and a home equity line of credit (HELOC) are both viable alternatives. To understand what's the best choice for homeowners in January and later this year, we asked three ...