Latest blog posts about Home Equity

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  Home EquityA Hot Market in an Election Year

  The economy is not slowing down (even with the weaker Q4 print). Inflation is not slowing down. The Fed won’t cut rates in this environment. While mortgage rates will stay elevated, housing will be supported by low inventory. We aren’t going back to the cash out refi boom of Covid but should continue seeing record home equity tapped via HELOC/seconds.

  

  Debra Jack, Head of Comms  article author

  May 2, 2024
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  Home EquityUsing a home equity loan can be better than a personal loan to pay off your debt

  By tapping into on your home’s equity, you can consolidate multiple debts into a single monthly payment and often with significantly lower interest rates.

  

  Nicole Beaulieu, CTO  article author

  January 16, 2024
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  Home EquityImproving an Airbnb with a HELOC from Figure

  Need funding for your Airbnb? Discover how Figure's HELOC could provide you with the financial flexibility you need to grow your business.

  

  Hannah Friedman, Sr. Content Manager  article author

  December 26, 2023
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  Home EquityUnlocking Financial Flexibility: The Advantages of HELOC Over Personal Loans

  Explore the advantages of HELOC over a personal loan. Lower interest rates, tax deductibility, flexibility, and larger loan amounts make HELOC a smart financial choice. Discover the benefits now

  

  Hannah Friedman, Sr. Content Manager  article author

  December 4, 2023
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  Home EquityRefinancing vs HELOC: Which is the best option for me?

  These two loan options are available for different reasons and can help you solve different problems around the house. Understanding these two types of credit can help you decide which one is right for you.

  

  Alysse Guitar, Director of Growth  article author

  November 22, 2023
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  Home EquityDo I have to live in my home to qualify for a HELOC?

  A HELOC is a great way to access the equity you have built up in your home. Learn more about qualification requirements, including if you need to reside in your home to qualify.

  

  Hannah Friedman, Sr. Content Manager  article author

  November 3, 2023
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  Home EquityIs a HELOC a better alternative for getting rid of high-interest debt?

  A home equity line of credit (HELOC) is a popular solution for paying off high-interest debt such as credit cards. HELOCs have a much lower rate of interest than credit cards because they’re secured by the equity in your home.

  

  Hannah Friedman, Sr. Content Manager  article author

  October 28, 2023