The interest rate climate is changing again, and with it, new considerations are arising for homeowners in need of extra financial support. While it's still relatively expensive to borrow money with a ...
According to a report released in early March, the average home equity amount currently sits at $313,000. While that may be down from the $327,000 level it hit in the second quarter of 2024, it still ...
Home equity rates have dipped to their lowest levels since 2023, and that could open the door for more borrowers.
Something we haven’t seen in months: a drop for HELOC rates — and a big one to boot. The average rate on a $30,000 home equity line of credit (HELOC) fell 13 basis points to 8.13 percent, according to ...
SALT LAKE CITY — If you're carrying high-interest credit card debt, using your home's equity may be a way to ease the burden. New data from the Federal Reserve Bank of New York shows credit card ...