Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home ...

The housing boom that occurred over the last several years helped drive a significant uptick in home equity, resulting in the average homeowner having about $319,000 worth of equity in their home ...

With a fixed-rate HELOC, you have the option to fix the rate on some or all your balance during the loan's term. There may be limits on how many times you can fix your rate or how many fixes can be ...

With over four years of experience writing in the housing market space, Robin Rothstein demystifies mortgage and loan concepts, helping first-time homebuyers and homeowners make informed decisions as ...

Payments here may be more affordable than you think. Here's what you'd pay each month if you took out the loan now.

If you put less than 20% down on your home, you probably lack sufficient equity to obtain a home equity line of credit immediately after purchase. It’s every homeowner’s worst nightmare: You move into ...

NerdWallet's mortgage content, including articles, reviews and recommendations, is produced by a team of writers and editors who specialize in home lending. Their work has appeared in The Associated ...

There are several ways to use the value of your home to access cash. Two main ones are a cash-out refinance mortgage and a home equity line of credit, or HELOC. Both options leverage your home equity, ...

NerdWallet's mortgage content, including articles, reviews and recommendations, is produced by a team of writers and editors who specialize in home lending. Their work has appeared in The Associated ...

A first-lien HELOC is a home equity line of credit that holds the primary lien position on a property, meaning it takes precedence over any other liens or mortgages in the event of foreclosure. If ...