Showing 25 to 36 of 73 results
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 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
HELOC Interest Rates Rise Slightly, Remain Historically Low
Average HELOC interest rates increased by 12 basis points to 8.02% last week, reversing a downward trend that saw rates reach 18-month lows earlier in 2025; however, rates remain significantly lower than in 2024, offering homeowners relatively cheap borrowing options compared to other choices.
HELOC Interest Rates Rise Slightly, Remain Historically Low
Average HELOC interest rates increased by 12 basis points to 8.02% last week, reversing a downward trend that saw rates reach 18-month lows earlier in 2025; however, rates remain significantly lower than in 2024, offering homeowners relatively cheap borrowing options compared to other choices.
Progress
40% Bias Score
Cooling Inflation Impacts HELOC Rates, Reaching Two-Year Lows
March's inflation cooled to 2.4%, impacting HELOC interest rates which briefly fell below 8% before rising slightly to 8.0%, remaining near a two-year low. Homeowners may find HELOCs an attractive alternative to high-interest credit cards for debt consolidation, renovations, or paying down existing ...
Cooling Inflation Impacts HELOC Rates, Reaching Two-Year Lows
March's inflation cooled to 2.4%, impacting HELOC interest rates which briefly fell below 8% before rising slightly to 8.0%, remaining near a two-year low. Homeowners may find HELOCs an attractive alternative to high-interest credit cards for debt consolidation, renovations, or paying down existing ...
Progress
48% Bias Score
Low HELOC Rates in April 2025: A Cautious Approach
Amidst economic uncertainty in early April 2025, HELOC interest rates fell below 8%, prompting questions about the safety of opening one; however, careful consideration of credit score, loan amount, intended use, and repayment planning is crucial.
Low HELOC Rates in April 2025: A Cautious Approach
Amidst economic uncertainty in early April 2025, HELOC interest rates fell below 8%, prompting questions about the safety of opening one; however, careful consideration of credit score, loan amount, intended use, and repayment planning is crucial.
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
Federal Reserve's May Decision to Impact HELOC Interest Rates
Current average HELOC interest rates are near 8%, significantly lower than credit cards and personal loans; however, the Federal Reserve's May decision on its benchmark rate will determine whether rates will drop, remain the same, or increase, impacting prospective and current HELOC borrowers.
Federal Reserve's May Decision to Impact HELOC Interest Rates
Current average HELOC interest rates are near 8%, significantly lower than credit cards and personal loans; however, the Federal Reserve's May decision on its benchmark rate will determine whether rates will drop, remain the same, or increase, impacting prospective and current HELOC borrowers.
Progress
48% Bias Score
Falling HELOC Rates: 3 Key Decisions for Homeowners
The average HELOC interest rate has dropped to 8%, prompting homeowners to consider switching lenders, increasing payments, or refinancing to a fixed rate to maximize savings and financial stability.
Falling HELOC Rates: 3 Key Decisions for Homeowners
The average HELOC interest rate has dropped to 8%, prompting homeowners to consider switching lenders, increasing payments, or refinancing to a fixed rate to maximize savings and financial stability.
Progress
40% Bias Score
Home Equity Borrowing for Seniors: Weighing Risks and Rewards
Senior homeowners considering home equity loans or HELOCs should weigh affordability, risk tolerance, reverse mortgage options, and the urgency of their financial needs before borrowing against their home equity.
Home Equity Borrowing for Seniors: Weighing Risks and Rewards
Senior homeowners considering home equity loans or HELOCs should weigh affordability, risk tolerance, reverse mortgage options, and the urgency of their financial needs before borrowing against their home equity.
Progress
48% Bias Score
HELOCs Outperform Home Equity Loans Amidst Falling Interest Rates
In spring 2025, HELOC interest rates average 7.90%, half a percentage point lower than home equity loan rates (8.40%), offering homeowners significant savings and flexibility due to their variable rate and interest-only draw period.
HELOCs Outperform Home Equity Loans Amidst Falling Interest Rates
In spring 2025, HELOC interest rates average 7.90%, half a percentage point lower than home equity loan rates (8.40%), offering homeowners significant savings and flexibility due to their variable rate and interest-only draw period.
Progress
52% Bias Score
Showing 25 to 36 of 73 results