Home equity loan interest rates are on the decline, but is it worth locking one in before the October Fed meeting?

A home equity line of credit (HELOC) is a financial tool that allows homeowners to leverage the equity in their home.

Founded in 1904, Bank of America is the largest HELOC lender in the U.S., with $25.5 billion loaned in the last quarter of 2024. We love BofA's home equity line of credit for its extensive draw range ...

Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home ...

A split decision for home equity rates in the latest week. The $30,000 home equity line of credit rose one basis point to ...

Third Federal promises to beat a competitor's offered rate on a purchase mortgage or home equity line of credit or it will ...

Splitero reports on strategies for managing post-holiday debt, comparing home equity and credit card options to reduce ...

Rising home values over the last several years have created a windfall of equity for millions of American homeowners, making home equity lines of credit (HELOCs) an increasingly attractive option for ...

Banks are pitching home-equity lines of credit as a cheaper form of borrowing as Federal Reserve rate cuts could lower HELOC rates to the mid-6% range, according to one estimate An increasing number ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. Though both home equity borrowing options use your home as collateral, ...

Reina Marszalek is a staff senior personal finance editor at Buy Side from WSJ. Staff Deputy Personal Finance Editor, Buy Side from WSJ Valerie Morris is a staff deputy personal finance editor at Buy ...

For homebuyers looking for a digital-first loan application or special loan programs, M&T Bank offers a simplified online ...