HELOCs, or home equity lines of credit, give homeowners a way to leverage the growing value of their house for anything from renovations to college tuition — and enjoy 10 years of interest-only ...

Like a home equity loan, a Heloc is a type of debt based on how much value you’ve built in your house. However, a Heloc is a ...

As home equity reaches record highs in the U.S., has begun accepting applications for new HELOCs) after pausing the product in 2020. Many lenders stopped offering home equity products during the ...

Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.

Evan Coleman is an Updates Editor on the Credit Cards and Travel Rewards team at Forbes Advisor, showcasing his interest in personal finance and love of travel. He has written for a variety of local ...

Longbridge Financial has officially launched a home equity line of credit (HELOC) program that’s designed for homeowners ages 62 and older, offering approval and funding in as little as five business ...

With homeowners seeking low-cost, flexible ways to tap their equity in today’s high-rate environment, HELOCs have become one of the most attractive loan options on the market. Homebridge Financial ...

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 ...

After some minor increases earlier in May, interest rates on home equity lines of credit (HELOCs) reversed course and declined again this week, according to new Bankrate data. Now, at an average rate ...