If you’re happy with your mortgage rate but want to tap into your home’s equity, consider how the Federal Reserve’s next ...

Instead of dealing with a high monthly payment on a 15-year mortgage, homeowners could make extra payments on a 30-year, Flores suggested. For instance, if the monthly mortgage payment was $2,000 a ...

When rates fell to around 6.7% (the lowest level in months) in early July, applications for home loans promptly ticked up, ...

If nothing else, home equity contracts are expensive, even compared to other home-secured finance options. They may require ...

As of July 9, 2025, the average home equity loan rate is 8.26%, according to Bankrate’s regular survey of rates. The average ...

Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home equity loan is a fixed-rate, lump-sum loan that allows homeowners to borrow up ...

Both HELOCs and home equity loans have declined substantially from their highs reached at the beginning of 2024, although ...

One major difference between Discover and Rocket Mortgage (aside from only the former listing its rates online) is that ...

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.

Ensuring you get the best rate on a home equity loan requires a bit of research and shopping around.