A home equity loan could be the smart way to borrow money this May, assuming homeowners avoid these three mistakes.

Loans insured by the Federal Housing Administration, or FHA loans, require borrowers to pay FHA mortgage insurance premiums ...

then a home equity loan might be a good option. Forbes Advisor compiled a list of the best home equity loan lenders based on their starting interest rate, average closing time and other factors ...

Current home equity loan rates are a little bit lower than current HELOC rates. If you're looking to fund a home improvement project or repair, a home equity loan can be an affordable way to do so.

Depot Inc (LDI) shows signs of recovery with reduced net loss and increased revenue, despite ongoing challenges and market ...

And once a borrower has achieved 20 percent equity in the home, they may cancel ... pay MIP for the life of the loan. If you meet the eligibility requirements to remove MIP from an FHA loan ...

The biggest selling point of homeownership is that it builds wealth while renting is wasted money. But that's only true if ...

Tuesday, May 6, 2025 at 5 p.m. ET Executive Chairman — Anthony Shea President and Chief Executive Officer — Frank Martell Chief Financial Officer — David Hayes ...

HELOCs are often compared to home equity loans, which are given as a lump-sum cash payment. Because a HELOC allows homeowners to borrow only what they need, you can take out a smaller amount and ...

but that doesn't mean mortgage rates will stay where they are. Here's what to watch for. Katherine Watt is a CNET Money writer focusing on mortgages, home equity and banking. She previously wrote ...