HELOC interest rates are already under 8%, but could they drop again this May? Here's what to consider right now.

As HELOC interest rates fall, borrowers should familiarize themselves with the driving factors behind the decline.

Ashley is a lead editor of mortgages and loans at Forbes Advisor. She graduated from Utah Tech University with a bachelor’s in English with an emphasis in creative writing. She began her career ...

A 5-year home equity loan averaged nearly 9% in January 2024. Now, it's 8.36%. Rates on home equity lines of credit have ...

For most of 2025, HELOC rates have been sinking, and are currently below 8 percent. For homeowners needing cash for ...

For example, the flexibility of a HELOC makes it a great way to borrow money for any purpose. And interest rates are often lower than other types of loans and are only paid on the amount borrowed.

The Commerce Department’s latest reading on gross domestic product showed the U.S. economy contracted in the first quarter ...

Lenders view a first-lien HELOC as less risky because it serves as the main loan on your home. If you can't repay and your ...

Forbes Advisor compiled a list of the best home equity loan lenders based on their starting interest rate, average closing time and other factors pertinent to a satisfying borrower experience.

Because a HELOC allows homeowners to borrow only what they need, you can take out a smaller amount and save on interest. HELOCs also have lower interest rates than personal loans and give you more ...

Homeowners gained $3T in equity in 2024. A HELOC might help in short-term crises, but weigh risks, alternatives and timing ...