We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. The average HELOC rate declined from 8.27% to 8.26% while the median ...

The interest rate cut issued by the Federal Reserve last week may have only lowered the benchmark rate by a quarter of a percentage point, but it inevitably led to a series of questions and ...

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 ...

A home equity loan is usually a fixed-rate lump sum based on the value available in your home. Home equity lines of credit (Helocs) are revolving lines of credit based on your available equity and ...

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 ...

Angelica Leicht is a seasoned personal finance writer and editor with nearly two decades of experience but just one goal: to help readers make the best decisions for their wallets. Her expertise spans ...

A sharp pullback in home equity rates, one week after the Fed’s highly anticipated quarter-point rate cut. The $30,000 home equity line of credit tumbled 17 basis points to 7.88 percent, its lowest ...

Kiah Treece is a former attorney, small business owner and personal finance coach with extensive experience in real estate and financing. Her focus is on demystifying debt to help consumers and ...