Home equity loans and lines of credit allow homeowners to tap into the increased value of their homes.

Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home equity loan is a fixed-rate, lump-sum loan that allows homeowners to borrow up ...

Today's high-rate environment and the rising cost of living are leaving many borrowers in a tough spot. Interest rates on credit cards are still sitting near record highs in mid-2025, after all, and ...

Equity Bank, the largest lender in Kenya by customer numbers, has announced a substantial reduction in interest rates, becoming the third major bank to do so this week. The bank said it will cut its ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. Though both home equity borrowing options use your home as collateral, ...

How does a home equity loan work? First, it’s important to understand that the term home equity loan is simply a catchall for the different ways the equity in your home can be used to access cash. The ...

Equity Life Assurance Limited Managing Director Angela Okinda, Equity Group Managing Director and CEO Dr James Mwangi and Group Operating Officer Samwel Kirubi during the Q3 2024 Investor Briefing ...

When rates hit those lows in 2023, demand for home equity borrowing picked up amid rising homeowner equity, growing household debt and strong renovation activity fueled by the lock-in effect of high ...

Home equity loans are a financial tool that allows homeowners to leverage the equity they’ve built in their homes for different purposes, including home improvements, debt consolidation or funding ...