Money explains what is a home equity loan.

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 ...

Home equity loans and lines of credit allow homeowners to tap into the increased value of their homes.

Is borrowing against your home equity to pay off your mortgage possible, and does it make sense? Here's what you need to know before taking out a home equity loan.

Do you need a home appraisal to qualify for a HELOC or home equity loan? While you've been focused on everything else life throws at you, your property has been working behind the scenes. Most people ...

Living on a fixed income can feel especially challenging during periods of economic uncertainty. Case in point? Despite inflation easing to 2.7% in November — down from this year's peak of 3%, ...

Home equity borrowing costs have dropped to levels not seen in about three years. The $30,000 home equity line of credit fell ...

Becoming a homeowner is a major milestone, and the benefits don’t end when you cross the threshold. Under the right circumstances, you can use your home as a tool to reach other financial goals. In ...