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 ...

kate_sept2004 / Getty Images A home equity line of credit (HELOC ... limits and much better interest rates than credit cards or personal loans. While HELOCs usually have variable interest rates ...

With interest rates elevated on everything from credit cards (near a record high of 23%) to personal loans, home equity loans and home equity lines of credit (HELOCs) have become clear ...

That said, a home equity line of credit might be a better option if you're unsure how much money you need. Yes, you can take out a home equity loan on a home with no mortgage. Not having a ...

With much lower rates than credit cards and personal loans, by opting for these borrowing options, homeowners can save significantly on interest in most cases. Plus, in today's rising-price ...

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 ...

A home is a lot to lay on the line. Are home equity ... lower interest rates: Home equity loans typically offer lower interest rates compared to personal loans or credit cards.