Helocs offer more flexibility, but personal loans have looser eligibility requirements ...

Home equity loans and lines of credit allow homeowners to tap into the increased value of their homes.

Cash-out refinances reached a 3-year high in Q2 2024. Average homeowner pulled $94K, adding $590 to monthly payment. U.S. homeowner equity hit record $17.8 trillion in Q2. About 564K borrowers now owe ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. Existing homeowners hoping to refinance, however, may need to wait a bit ...

Interest rate cuts are finally coming again … but is it too late? That's the question some Americans find themselves confronting now as the chances of a rate cut courtesy of the Federal Reserve ...

ICE Mortgage Technology’s new integration of its servicing and origination platforms reflects a broader trend in the mortgage industry — offering home equity loans while rates remain high and ...

Yes, you can refinance both home equity loans (HELoans) and home equity lines of credit (HELOCs) — and if you borrowed during the 2023 rate spike, now might be the time to look into it. Home equity ...

Mortgage rates have declined to their lowest in a year, increasing refinance eligibility and home equity borrowing. Homeowners hold $11.2 trillion in tappable equity, creating new volume opportunities ...

Homeowners are cashing in on years of home equity gains, even as mortgage rates remain elevated. The trend sent cash-out home refinancing activity to a nearly three-year high in the April-June quarter ...

U.S. homeowners are sitting on a record $34.5 trillion in home equity, and more are tapping that mountain of accessible assets. Home equity available to homeowners has risen by $600 million since the ...

Homeowners can consider multiple options when looking to tap into their home equity, most notably home equity loans and HELOCs (home equity lines of credit). Home equity loans and HELOCs are powerful ...

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 ...