The average homeowner currently has about $313,000 worth of equity in their home, according to the March 2025 ...

Before borrowing with a $100,000 home equity loan, homeowners should first ask themselves these critical questions.

Private Mortgage Insurance (PMI) No PMI required. PMI may be required if you have less than 20% equity in your home. Fees Generally lower fees than refinancing, but may include appraisals ...

Kim is a freelance contributor to Newsweek’s personal finance team. She began her career on the Bankrate copy desk in 2010, worked as a managing editor at Macmillan and went full-time freelance ...

Since 2020, the average cost of owning a home has ballooned by 26%, far exceeding wage growth for the same period. The ...

a home equity loan can provide you with a lump sum of cash by borrowing against the equity in your home. Forbes Advisor researched popular home equity lenders, with our highest rating awarded to ...

Kiah Treece is a small business owner and personal finance expert with experience in loans, business and personal finance, insurance and ... then a home equity loan might be a good option.

Lenders don't generally issue home equity loans worth more than the applicant’s homeownership stake as that would leave a chunk of the loan unsecured.

Homeowners can get access to a large sum of cash at a fixed rate by borrowing against their property's value with a home equity loan. Katherine Watt is a CNET Money writer focusing on mortgages ...

And you may be considering tapping your home equity to scrounge more money. However, before you do that, you should know the pros and cons of this approach. The National Council on Aging (NCOA ...

As a result, if you're a homeowner, you may be wondering what could happen to home equity line of credit (HELOC) and home equity loan interest rates in 2025. To understand how the various home ...