Home equity loan costs are dipping. Here's how much a $60,000 loan costs monthly now, post-October Fed rate cut.

Home equity loan interest rates are declining again. Here's how much a $90,000 home equity loan costs monthly now.

How does a home equity loan work? First, it’s important to understand that the term home equity loan is simply a catchall for the different ways the equity in your home can be used to access cash. The ...

Average home equity in Oklahoma also more than quadrupled, soaring from $8,766 in 2020 to $46,562 in 2025, a 431% boost. Rounding out the top five were Connecticut (+297%), Kansas (+234%) and Illinois ...

Many homeowners misunderstand how equity works, from what it is to how much they can borrow and what that really means for their finances.

After the Fed's latest rate cut, borrowing against your home's equity has become even more affordable than it was.

If you need to borrow a large amount of money and don't want to deal with the headache of a product that has a variable interest rate, a home equity loan could make sense for you. And, now that the ...