The interest rate cut issued by the Federal Reserve last week may have only lowered the benchmark rate by a quarter of a percentage point, but it inevitably led to a series of questions and ...

You can use a home equity line of credit (HELOC) for anything, but some uses are more suitable than others. HELOCs are best suited for investments or expenditures that will improve your financial ...

Home equity loan and HELOC interest rates have been dropping recently, but will they continue to fall this November?

Home equity line of credit (HELOC) rates have dipped to levels not seen since March 2023. The $30,000 home equity line of ...

Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance. If ...

For many retirees, the home they’ve lived in for decades isn’t just a place to live. It’s the single largest asset in their financial portfolio. According to the U.S. Census Bureau (PDF), households ...