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.

Borrowing from your home equity comes with some major rewards, like access to a potentially large, six-figure sum of financing and an interest rate materially lower than many popular borrowing ...

Home equity levels are high. Home equity loan interest rates are low. And interest rate cuts are seemingly on the horizon. So borrowing from your home equity should be a relatively straightforward ...

If you're a homeowner who's currently in need of a large sum of money, you may not need to look too far to find it. Right now, the average homeowner has around $320,000 worth of home equity in their ...