With the Fed set to meet soon to determine interest rate policy, homeowners may be thinking of taking action now.

Before getting started, however, it's always important to first calculate your potential costs, even if you're just borrowing ...

When deciding between a personal loan or a home equity loan, consider your unique financial situation and how you plan on using the funds.

Older homeowners — those of the Gen X and baby boomer generations — were less sanguine about using home equity to invest.

Home equity loan requirements include a good credit score, sufficient equity in your home, and more. Learn whether you qualify for a home equity loan.

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

Kiah Treece is a small business owner and personal finance expert with experience ... consolidate debt or cover another major expense, then a home equity loan might be a good option.

Compared with other options, interest rates on home equity loans are usually better than personal loan rates and credit card rates. Current home equity loan rates We track home equity loan rates ...

Home equity loans have lower interest rates than personal loans or credit cards. And if you use the funds on home improvements, you may be able to write off the interest. CNBC Select has picked ...

She previously wrote about personal finance for NextAdvisor ... Forbes and Bloomberg. A home equity loan is a fixed-rate installment loan secured by your home as a second mortgage.

Home equity represents the portion of your home ... “When you take unsecured credit card or personal loan debt and secure it with your home, the consequences of default are a whole different ...