If you're thinking about tapping your home's equity, make sure you understand what could happen with rates soon.

High summer’s heat may be making home equity rates sleepy. The average rate on a $30,000 home equity line of credit (HELOC) was unchanged at 8.27 percent for the fifth straight week, according to Bankrate’s national survey of lenders. The average rate on the $30,000 home equity loan barely stirred, moving two basis points up to 8.28 percent.

The post Mortgage Report Offers Guidance For Homebuyers appeared first on Considerable. A new report released Friday provides homebuyers with detailed information on , offering crucial guidance for those navigating the housing market.

Whether you’re buying your first or fifth home, an FHA loan can make it easier to afford a mortgage. These loans typically have lower down payment and credit score requirements compared to conventional loans.