Is borrowing against your home equity to pay off your mortgage possible, and does it make sense? Here's what you need to know before taking out a home equity loan.

SUMMIT, N.J., Nov. 12, 2025 /PRNewswire/ -- Cornerstone Financing, creator of CHEIFS® (Cornerstone Home Equity Insurance/Investment Funding Solutions), today announced the launch of Prime HEI℠, a new ...

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.

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 ...

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 ...

The Federal Reserve just did something it hadn’t yet done in 2025: It lowered its benchmark overnight lending rate. While the markets largely expected September’s quarter-point rate cut, it does mark ...