Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home equity loan is a fixed-rate, lump-sum loan that allows homeowners to borrow up ...

Fed rate cuts have made HELOC borrowing costs more affordable. Here's how much a $40,000 HELOC can cost monthly now.

As of December 3, 2025, the average home equity loan rate is 7.99%, according to Bankrate’s regular survey of rates. The ...

Gain the flexibility to use your home’s equity for your financial goals Written By Written by Staff Senior Editor, Buy Side Miranda Marquit is a staff senior personal finance editor for Buy Side.

Home equity loan rates have declined. Here's how much a $75,000 loan will cost monthly after the new Fed rate cut.

A home equity loan is also known as a second mortgage. Discover how this consumer loan can allow you to borrow against the ...

What’s driving home equity rates today? Rates on HELOCs and home equity loans are being driven primarily by two factors: lender competition for new customers and the Federal Reserve’s actions. The Fed ...

The Federal Reserve just did something it hadn’t yet done in 2025: It lowered its benchmark overnight lending rate. While the markets largely expected September’s quarter-point rate cut, it does mark ...

Minimal movement in home equity rates in the latest week. The benchmark 5-year $30,000 home equity loan edged down two basis points to 8.13 percent, marking the second week at its lowest level in two ...

Miranda Marquit is a staff senior personal finance editor for Buy Side. Staff Personal Finance Editor, Buy Side Valerie Morris is a staff editor at Buy Side and a personal finance expert. A home ...