Yet in order for mortgage rates to drop significantly, the economy would have to weaken, which isn't great for those ...

Balances on HELOCs increased by $6 billion in the first quarter of 2025, the 12th straight quarterly increase, according to the latest data from the Federal Reserve Bank of New York.

After rising for the last few weeks, the average rate on a $30,000 home equity line of credit (HELOC) reversed course, ...

Homeowners today can pay around $100 less per month, than they did at the same time last year, to borrow $50,000, according ...

Not sure how much home equity you should withdraw in today's unique economy? Here's how you can determine a figure.

HELOCs and home equity loans have fallen substantially from the highs they hit at the beginning of 2024, with HELOC rates in ...

HELOC balances rose 7.2% nationwide in 2024 as more homeowners tap equity amid high mortgage rates and limited refinancing ...

Despite subdued withdrawal rates in recent years, early 2025 data points to shifting borrower behavior. First-quarter second lien equity withdrawals rose 22% year over year to nearly $25 billion - the ...

with HELOC rates in particular hitting lows not seen since 2023. Bankrate Chief Financial Analyst Greg McBride forecasts that rates will continue to decline in 2025 — especially those on HELOCs ...

The product, as well as the housing market, is different today than what it was two decades ago, where some feel it was a ...