Interest rates on both home equity products continued their downward trend this week. But which is smarter for you?

A home equity loan can be a cost-effective borrowing tool for homeowners now. But can they open it and not use it?

"A variable-rate HELOC can be risky, especially if you have a high debt-to-income ratio, meaning you already owe a lot ...

Choosing a mortgage can feel daunting, especially for first-time buyers unfamiliar with the process or existing homeowners ...

Borrowing home equity in today's unique economy could be smart for homeowners if they know which traps to avoid.

Eight more banks have slashed interest rates, with three big guns firing off cuts Thursday morning - the biggest of which is ...

usually come with variable rates where the rate changes periodically. Because home equity loans are a type of secured debt, they often have lower rates than many other types of debt, like credit ...

Macquarie Bank has slashed their fixed rate offering ahead of the Reserve Bank of Australia’s meeting on May 19-20 to decide ...

All the major banks have announced reductions to their variable home loan rates in response to a drop in the official cash ...

Home equity loans offer fixed interest rates, while HELOCs typically have variable loan rates. These options usually have lower interest rates than personal loans because they are secured by your ...

“In retirement, it would be best if your primary home is paid off—no mortgage. You then would only have taxes and carrying ...

In that 20-year period, there were just nine months — in the lead-up to the global financial crisis in 2008 — when variable home loan rates were typically above 8 per cent. So, perhaps it ...