A home equity loan could be a smart and effective way to pay down your credit card debt this year. Here's why.

Considering a home equity loan in 2025? Start by thinking about the answers to these three critical questions.

Your equity equals your home's current value minus the amount you owe on it. You can borrow against this equity, preferably ...

The average rate on a $30,000 home equity line of credit (HELOC) steadied at 8.28 percent this week — close to its lowest ...

Both a HELOC and a home equity loan can be good ways to access your home equity this January, depending on your goals and ...

A large amount to borrow from. The average home equity amount is currently $320,000. And while most lenders will require you ...

kate_sept2004 / Getty Images A home equity line of credit (HELOC) is a line of credit that uses the equity you have in your home as collateral. The amount of credit available to you depends on the ...

For homeowners looking to tap into their record amounts of home equity, the good news could well be ongoing. Bankrate Chief ...

Moving to a smaller home is one way to save money on housing in retirement. Smaller homes are generally less expensive and have lower tax assessments and reduced heating and cooling costs. However, it ...

Credit card issuers can lose customers to home equity lines of credit (HELOCs), which allow homeowners to borrow money ...

you may be wondering how a home equity loan affects your credit rating. Whether taking out the loan harms or helps your score largely depends on your current credit rating factors like how much ...