News about home equity loans, second mortgages and line of credit issues.

Home equity can be used on car

Home equity products can be used to fund a car purchase. But there are risks for the homeowner.

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Some organizations offer special savings rates to members. But are they worth the price?
home equity
Consider refinancing your home equity loan when interest rates drop. Why? You could save money.
mortgage
Congress expands homebuyer tax credit beyond first-timers; Fannie Mae rents out foreclosures.
Not sure how your home's value stacks up against your mortgage loan? Try our new calculator.
When a HELOC is secured by your home, one of these options may help you to keep your property.
A woman who's considering a refinance should break up the decision process into two parts.
Consider these pros and cons carefully before risking your home to kill credit card debt.
A "bargain" remodeling job can turn into a costly headache if you don't follow these four steps.
Compare Rates
See rates from our survey of CDs, mortgages, home equity products, auto loans and credit cards.

Mortgages
Mortgage rates were unchanged as many wait to see if the tax credit will be extended.

Home Equity Loan Rate Search

Compare local home equity rates
30K FICO-based HELOC average
5.31%
Home equity
This is the daily overnight average for a $30K HELOC.
Find the best home equity rates

Home Equity Loan Home Equity Line of Credit
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Home Equity Averages
Product Rate +/- Last week
30K HELOC
5.31%
5.33%
30K Home Equity Loan
8.35%
8.39%
50K HELOC
5.06%
5.07%
75K Home Equity Loan
8.84%
8.89%
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home equity
Top credit scores mean a couple can close a HELOC without worrying about FICO damage.
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