Key takeawaysA home equity loan is usually a fixed-rate lump sum based on the value available in your home. Home equity lines ...

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

Borrowing against your home might make sense in certain situations, such as to finance home improvements, but using your home ...

Rates on both home equity products are comparable now, but that doesn't mean repayments will be identical for long.

Home equity loans and personal loans both offer lump-sum payments to be paid back in installments over a specified time period. A home equity loan is a type of secured loan in which the borrower ...

Generally, longer-term loans have higher interest rates. According to Ken Flaherty, senior manager of retail lending for ...

Pennsylvania has a mixed housing market with various property values. For many, borrowing funds is the only way for ...

Home equity sounds like a pretty straightforward concept: it’s the portion of your home you truly own, free and clear of debt ...

Home equity loans and lines of credit are both borrowing options based on the equity you have in your home, but their repayment terms and who they are best for vary. My Account.

A home equity loan or a home improvement loan could provide the funding you need, but they serve different purposes for homeowners. Getty Images Despite the Federal Reserve's best efforts ...

If your home’s value has increased, for instance, from $350,000 to $400,000, and you have paid down your mortgage and previous home equity loan to a total outstanding amount of $200,000, you ...