Money explains what is a home equity loan.

With home prices climbing steadily over the last few years, today's homeowners are sitting on record-high levels of tappable equity, offering them a lot of borrowing power. And, for those looking to ...

If you’re a homeowner planning a major purchase or preparing for ongoing costs, a home equity line of credit (HELOC) can be an effective way to draw on your home’s value and access funds as you need ...

Many homeowners are reassessing their borrowing options as market conditions continue to shift in the second half of 2025. While home values have climbed nationwide to a record high median of $396,000 ...

Homeowners in the U.S. have relied on two familiar methods for accessing their housing wealth, otherwise known as equity, in the past. Those two methods are home equity loans and home equity lines of ...

Over the last four months of 2025, the Federal Reserve cut the federal funds rate by a total of 75 basis points, lowering its benchmark rate to the current 3.50% to 3.75% range. While the Fed rate ...