HELOC rates move in tandem with the prime rate and can go up when the Fed meets. Here's what it means for HELOCs when the Fed raises rates.

A cash-out refinance or home equity loan can be a cheap way to access your home's cash value. But which loan makes more sense for you?

Learn how the mortgage refinance process works. This step-by-step guide takes you from application to closing day.

The Federal Reserve hiked the fed funds rate by another 75 basis points in November to fight inflation. Will mortgage rates surge in response?

See a full list of home equity loan closing costs and learn how much you can expect to pay in upfront fees.

High interest rates are putting the squeeze on home buyers. But these nine tips can help you succeed regardless of the interest market.

The FHFA is eliminating risk-based loan fees for many first-time home buyers. Here's what it might mean for you.

The Federal Housing Finance Agency announced a new credit scoring model that will grant equitable mortgage access to more borrowers.

Most mortgage lenders consider 43% or lower to be a good debt-to-income ratio. But a higher DTI may be OK, too. Here's what you should know.

Cash-out refinancing can be a great idea when rates are low and home values are up. Here are 6 cash-out refinance examples to show you why.

Every home buyer knows to save for a down payment. But other upfront costs take many first-time buyers by surprise. Here's what to expect.

Experts don't advise tapping equity for holiday spending. But there are wise uses for home equity that can improve your finances this season.

Borrowers collectively gained $3.6 trillion in home equity from 2021 to 2022, an average year-over-year increase of $60,200 per homeowner.

A second mortgage lets you cash out home equity without refinancing. Learn about second mortgage options and how they work.

A new Freddie Mac rule in 2022 could make it easier for many home buyers to qualify for a mortgage. Here's how.

With the Federal Reserve expected to raise its fed funds rate in November to combat inflation, mortgage rates will probably grow as well.

Lender credits are an arrangement where the mortgage lender pays some or all of your closing costs in exchange for a higher interest rate.

The Biden student debt forgiveness program is now taking applications. Will debt relief make a difference for home buyers?

This simple three-step guide shows you how to apply for a mortgage. It also includes six tips to help your chances of approval.

Everyone knows home-buying mantras like "start saving early." But these seven lesser-known tips could give you a more competitive edge.