Want to borrow with a home equity loan this year? Here are the pros and cons to know before getting started.

Lars Peterson joined Investopedia in 2023 as a senior editor of financial product reviews with a focus on personal loans, credit cards, mortgages, and other financial products and services. Lars has ...

With home prices climbing steadily over the last few years, today's homeowners are sitting on record-high levels of tappable equity, offering them a lot of borrowing power. And, for those looking to ...

In the high-interest-rate environment of April 2025, borrowing money can be expensive. Personal loans, for instance, currently carry rates of over 12%. And credit cards? Those average nearly double ...

Personal loans and home equity loans are popular ways to fund home improvement projects, debt consolidation and other large fixed expenses. Generally, home equity loans are larger and come with lower ...

The full range of available rates varies by state. A representative example of payment terms for a Personal Loan is as follows: a borrower receives a loan of $10,000 for a term of 60 months, with an ...

MSA Housing Program Specialist Sue Koehn reported to the board she was concerned that a recent mailing to 170 homeowners produced no takers. That was the same result after the Events ran a story ...

Kiah Treece is a former attorney, small business owner and personal finance coach with extensive experience in real estate and financing. Her focus is on demystifying debt to help consumers and ...

Buying a home outright may feel debt-free, but it may come with its consequences. With stable income and repayment capacity, ...