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

One of the most important choices when taking out a home equity loan is whether to opt for a fixed or variable rate. This decision needs careful consideration because it can affect your finances ...

There are several ways for homeowners to tap into the equity they’ve built in their properties. One option is a home equity ...

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

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 ...

Best of all, you only pay interest on what you borrow, rather than a full lump sum — as with a home equity loan. Often, HELOCs have no closing costs or upfront fees. Their variable rates can ...