Johanna Leggatt is the Lead Editor for Forbes Advisor, Australia. She has more than ... If you’ve built sufficient equity in your home, a home equity line of credit (HELOC) can be a good option ...

Commissions do not affect our editors' opinions or evaluations. A home equity loan is a type of loan that allows homeowners to borrow money using the equity they have built up in their homes as ...

Still, borrowing from your home equity isn't risk-free, either. Failure to repay all that's been withdrawn with a HELOC or home equity loan could result in foreclosure on the property in question.

LAGUNA BEACH, Calif., May 19, 2025 /PRNewswire/ -- Home Equity Lending News (HELN), the leading source for breaking news and statistics exclusively about home-equity finance, released the Q4 2024 Home ...

That's because a HELOC, unlike a home equity loan, has a variable interest rate that will change monthly for borrowers. While that's a risk in an economy when rates are increasing, it's a distinct ...

Both HELOC and home equity loan rates tumbled this week, with the $30,000 HELOC down below 8% and the $30,000, 5-year HE Loan at 8.36% — its lowest since last autumn, according to Bankrate’s ...

That includes home prices. Home values are up roughly 50% in five years, leaving households with $35 trillion in equity. Of that amount, homeowners who have a mortgage have $11 trillion in ...