Showing 25 to 36 of 79 results
Declining Inflation and Potential Rate Cuts Make HELOCs Attractive Borrowing Option
With inflation at 2.3% and potential Federal Reserve interest rate cuts on the horizon, home equity lines of credit (HELOCs), currently averaging 7.99% interest, present a cost-effective borrowing alternative compared to personal loans or credit cards, especially given elevated average home equity l...
Declining Inflation and Potential Rate Cuts Make HELOCs Attractive Borrowing Option
With inflation at 2.3% and potential Federal Reserve interest rate cuts on the horizon, home equity lines of credit (HELOCs), currently averaging 7.99% interest, present a cost-effective borrowing alternative compared to personal loans or credit cards, especially given elevated average home equity l...
Progress
44% Bias Score
Home Equity Strategies for Retirement Planning Amidst Economic Uncertainty
For Americans nearing retirement, high home equity (averaging \$313,000) offers strategic financial options such as HELOCs, downsizing, refinancing, or reverse mortgages, to supplement income and manage rising costs and interest rates, but careful planning and consideration of individual circumstanc...
Home Equity Strategies for Retirement Planning Amidst Economic Uncertainty
For Americans nearing retirement, high home equity (averaging \$313,000) offers strategic financial options such as HELOCs, downsizing, refinancing, or reverse mortgages, to supplement income and manage rising costs and interest rates, but careful planning and consideration of individual circumstanc...
Progress
36% Bias Score
Low HELOC Interest Rates Make 2025 Favorable for Home Equity Borrowing
In 2025, Home Equity Lines of Credit (HELOCs) offer an average interest rate under 8%, down two percentage points since September 2024, making them a potentially cheaper borrowing option than personal loans or credit cards; however, using a HELOC requires careful consideration due to the home servin...
Low HELOC Interest Rates Make 2025 Favorable for Home Equity Borrowing
In 2025, Home Equity Lines of Credit (HELOCs) offer an average interest rate under 8%, down two percentage points since September 2024, making them a potentially cheaper borrowing option than personal loans or credit cards; however, using a HELOC requires careful consideration due to the home servin...
Progress
48% Bias Score
HELOC Rates Hit Lowest Point Since 2023
As of May 2025, average HELOC interest rates have fallen to 7.95%, down over two percentage points since September 2024, making them a relatively inexpensive borrowing option; however, rates are variable and subject to change based on the Federal Reserve's actions and comments.
HELOC Rates Hit Lowest Point Since 2023
As of May 2025, average HELOC interest rates have fallen to 7.95%, down over two percentage points since September 2024, making them a relatively inexpensive borrowing option; however, rates are variable and subject to change based on the Federal Reserve's actions and comments.
Progress
36% Bias Score
HELOC Rates Hit Two-Year Low Despite Fed's Steady Rate
As of early May 2025, despite the Federal Reserve maintaining the federal funds rate at 4.25%-4.50%, Home Equity Lines of Credit (HELOCs) reached a two-year low of 7.95%, offering the cheapest home equity borrowing option due to consistent declines since September 2024.
HELOC Rates Hit Two-Year Low Despite Fed's Steady Rate
As of early May 2025, despite the Federal Reserve maintaining the federal funds rate at 4.25%-4.50%, Home Equity Lines of Credit (HELOCs) reached a two-year low of 7.95%, offering the cheapest home equity borrowing option due to consistent declines since September 2024.
Progress
48% Bias Score
Falling HELOC Rates Offer Borrowers Budget Relief
The average HELOC interest rate has fallen from 8.36% in January 2025 to 7.94% in April, impacting borrowing costs for both new and existing HELOCs, making home improvement projects potentially more affordable.
Falling HELOC Rates Offer Borrowers Budget Relief
The average HELOC interest rate has fallen from 8.36% in January 2025 to 7.94% in April, impacting borrowing costs for both new and existing HELOCs, making home improvement projects potentially more affordable.
Progress
56% Bias Score
Inflation Data to Impact HELOC Interest Rates
The upcoming April inflation data release on May 13th will likely influence Federal Reserve decisions on interest rates, potentially affecting HELOC rates, currently at 7.99% for eligible borrowers, which have been decreasing since September 2024.
Inflation Data to Impact HELOC Interest Rates
The upcoming April inflation data release on May 13th will likely influence Federal Reserve decisions on interest rates, potentially affecting HELOC rates, currently at 7.99% for eligible borrowers, which have been decreasing since September 2024.
Progress
44% Bias Score
Low HELOC Interest Rates: A Cost-Effective but Risky Borrowing Option
In May 2025, HELOC interest rates average under 8%, down 2% since September, making them a potentially inexpensive borrowing option for homeowners with substantial equity, but variable rates and potential foreclosure risk demand careful consideration.
Low HELOC Interest Rates: A Cost-Effective but Risky Borrowing Option
In May 2025, HELOC interest rates average under 8%, down 2% since September, making them a potentially inexpensive borrowing option for homeowners with substantial equity, but variable rates and potential foreclosure risk demand careful consideration.
Progress
44% Bias Score
Home Equity Lending: HELOCs Offer Cheapest Option, But Volatility Demands Caution
As of early March 2025, the average homeowner equity is $313,000, enabling access to approximately a $100,000 HELOC; however, borrowers should be aware of variable interest rates, the possibility of foreclosure, and the need for careful financial planning.
Home Equity Lending: HELOCs Offer Cheapest Option, But Volatility Demands Caution
As of early March 2025, the average homeowner equity is $313,000, enabling access to approximately a $100,000 HELOC; however, borrowers should be aware of variable interest rates, the possibility of foreclosure, and the need for careful financial planning.
Progress
48% Bias Score
Fed Rate Pause Favors HELOCs for Home Equity Borrowers
The Federal Reserve has paused interest rate hikes, keeping the federal funds rate at 4.25%-4.50%, making Home Equity Lines of Credit (HELOCs) currently cheaper than home equity loans due to lower average interest rates (7.95% vs 8.51%) and the expectation of future Fed rate cuts.
Fed Rate Pause Favors HELOCs for Home Equity Borrowers
The Federal Reserve has paused interest rate hikes, keeping the federal funds rate at 4.25%-4.50%, making Home Equity Lines of Credit (HELOCs) currently cheaper than home equity loans due to lower average interest rates (7.95% vs 8.51%) and the expectation of future Fed rate cuts.
Progress
48% Bias Score
HELOC Rates Remain Low at 7.95%
As of this week, the average HELOC interest rate is 7.95%, a slight increase from last week but still near its 18-month low, making it currently the cheapest borrowing option for homeowners; several factors influence this rate.
HELOC Rates Remain Low at 7.95%
As of this week, the average HELOC interest rate is 7.95%, a slight increase from last week but still near its 18-month low, making it currently the cheapest borrowing option for homeowners; several factors influence this rate.
Progress
44% Bias Score
HELOC Interest Rates Remain Below Other Borrowing Options
As of April 25, 2025, the average HELOC interest rate is 7.94%, significantly lower than credit cards and personal loans; however, borrowers should be aware of potential closing costs, annual fees, and inactivity fees. No interest is charged on unused HELOC credit lines.
HELOC Interest Rates Remain Below Other Borrowing Options
As of April 25, 2025, the average HELOC interest rate is 7.94%, significantly lower than credit cards and personal loans; however, borrowers should be aware of potential closing costs, annual fees, and inactivity fees. No interest is charged on unused HELOC credit lines.
Progress
48% Bias Score
Showing 25 to 36 of 79 results