The housing boom that occurred over the last several years helped drive a significant uptick in home equity, resulting in the average homeowner having about $319,000 worth of equity in their home ...

The interest rate on fixed-rate HELOCs stays the same, as opposed to fluctuating as it does with traditional HELOCs. Some lenders will let you convert part of a traditional variable-rate HELOC balance ...

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 Heloc can ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. And while a decline from 8.40% to 8.38% may not seem like a lot, it ...

As a homeowner, you likely have a lot more equity in your house than you did just a few years ago. U.S. homeowners gained almost $3 trillion in equity in the fourth quarter of 2024 compared to 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.

No matter how much money you borrow or the funding source you choose, your approach should always be a strategic one. This applies to everything from personal loans to credit cards to larger loans ...