Showing 1 to 12 of 48 results
Using Home Equity to Pay Off Student Loans: Benefits and Risks
Homeowners are exploring using home equity loans or HELOCs to pay off student loans, offering potential simplification and interest rate reduction but posing risks of foreclosure and loss of federal loan benefits.
Using Home Equity to Pay Off Student Loans: Benefits and Risks
Homeowners are exploring using home equity loans or HELOCs to pay off student loans, offering potential simplification and interest rate reduction but posing risks of foreclosure and loss of federal loan benefits.
Progress
16% Bias Score
Home Equity Loans vs. HELOCs: A Financial Decision Amidst Interest Rate Uncertainty
Facing high interest rates, homeowners with substantial equity are considering HELOCs for financing; however, they must weigh the potential benefits against the risks and compare them with fixed-rate home equity loans.
Home Equity Loans vs. HELOCs: A Financial Decision Amidst Interest Rate Uncertainty
Facing high interest rates, homeowners with substantial equity are considering HELOCs for financing; however, they must weigh the potential benefits against the risks and compare them with fixed-rate home equity loans.
Progress
40% Bias Score
Home Equity Borrowing Decisions Amidst Fed Rate Uncertainty
Facing a potential September interest rate cut, homeowners considering a HELOC or home equity loan must weigh variable versus fixed rates, given current economic uncertainty and the Fed's July meeting.
Home Equity Borrowing Decisions Amidst Fed Rate Uncertainty
Facing a potential September interest rate cut, homeowners considering a HELOC or home equity loan must weigh variable versus fixed rates, given current economic uncertainty and the Fed's July meeting.
Progress
40% Bias Score
High Credit Card Rates Spur June 2025 Debt Consolidation Push
High credit card interest rates (around 21% in June 2025) and the availability of lower-rate alternatives like home equity loans/HELOCs (around 8%) make debt consolidation an advantageous strategy to reduce interest payments and improve financial health, particularly given the daily compounding natu...
High Credit Card Rates Spur June 2025 Debt Consolidation Push
High credit card interest rates (around 21% in June 2025) and the availability of lower-rate alternatives like home equity loans/HELOCs (around 8%) make debt consolidation an advantageous strategy to reduce interest payments and improve financial health, particularly given the daily compounding natu...
Progress
52% Bias Score
Declining Home Equity Loan and HELOC Rates Offer Homeowners Access to $200,000 in Equity
Easing inflation and paused Federal Reserve rates have lowered interest rates on home equity loans and HELOCs, allowing homeowners to access an average of $200,000 in readily tappable home equity, offering better rates than other borrowing options for debt consolidation or major expenses.
Declining Home Equity Loan and HELOC Rates Offer Homeowners Access to $200,000 in Equity
Easing inflation and paused Federal Reserve rates have lowered interest rates on home equity loans and HELOCs, allowing homeowners to access an average of $200,000 in readily tappable home equity, offering better rates than other borrowing options for debt consolidation or major expenses.
Progress
36% 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
Home Equity Lending: Weighing HELOCs Against Fixed-Rate Loans in Current Market
With average home equity exceeding \$300,000 and high interest rates on alternative financing, homeowners are considering \$100,000 HELOCs for lower interest rates; however, rate cuts' impact on HELOC payments and the viability of fixed-rate home equity loans need careful consideration before procee...
Home Equity Lending: Weighing HELOCs Against Fixed-Rate Loans in Current Market
With average home equity exceeding \$300,000 and high interest rates on alternative financing, homeowners are considering \$100,000 HELOCs for lower interest rates; however, rate cuts' impact on HELOC payments and the viability of fixed-rate home equity loans need careful consideration before procee...
Progress
48% Bias Score
Home Equity Loan Rates Stalled: Prepare Now for Future Opportunities
The recent pause in declining home equity loan and HELOC interest rates, currently at 8.26% and 8.27% respectively, presents a strategic opportunity for borrowers to prepare by improving credit scores, comparing lenders, and deciding between loan types.
Home Equity Loan Rates Stalled: Prepare Now for Future Opportunities
The recent pause in declining home equity loan and HELOC interest rates, currently at 8.26% and 8.27% respectively, presents a strategic opportunity for borrowers to prepare by improving credit scores, comparing lenders, and deciding between loan types.
Progress
32% Bias Score
Low Home Equity Loan Rates and High Home Equity Create Favorable Borrowing Climate in June 2025
Home equity loan interest rates hit a 2025 low of 8.23% in May, offering significant savings compared to credit cards (near 23%) and personal loans (approaching 13%), with the average home equity at $313,000, making June 2025 a potentially favorable time to borrow.
Low Home Equity Loan Rates and High Home Equity Create Favorable Borrowing Climate in June 2025
Home equity loan interest rates hit a 2025 low of 8.23% in May, offering significant savings compared to credit cards (near 23%) and personal loans (approaching 13%), with the average home equity at $313,000, making June 2025 a potentially favorable time to borrow.
Progress
36% Bias Score
Home Equity Loan Rates Hit 2025 Low at 8.23%
Home equity loan interest rates hit a new 2025 low of 8.23% this week, down 13 basis points from May 14, offering a cost-effective borrowing option compared to personal loans and credit cards, but borrowers should carefully consider repayment costs.
Home Equity Loan Rates Hit 2025 Low at 8.23%
Home equity loan interest rates hit a new 2025 low of 8.23% this week, down 13 basis points from May 14, offering a cost-effective borrowing option compared to personal loans and credit cards, but borrowers should carefully consider repayment costs.
Progress
48% 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
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 1 to 12 of 48 results