Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home equity loan is a fixed-rate, lump-sum loan that allows homeowners to borrow up ...

Yes, they do — and they’re the same sort of expenses. However, while some estimates peg the average home equity loan closing costs comparable to primary mortgages — a range of 2–5 percent of the total ...

A home equity loan can be a good option to consolidate debt, as it usually carries lower interest rates and longer terms than ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

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Whether you’re eyeing a home renovation, consolidating debt, or starting a business, borrowing against your home equity can be a viable option. But before you get ready to cash in, there is one step ...

With Americans collectively sitting on record-high $11.5 trillion in tappable home equity as of June 2025, which explains why so many are turning to home equity lines of credit (HELOCs) to access ...

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ICE Mortgage Technology’s new integration of its servicing and origination platforms reflects a broader trend in the mortgage industry — offering home equity loans while rates remain high and ...