Home Equity: What It Is, How It Works, and How You Can Use It

Home equity is the value of your home that you own. Calculate home equity by using your home's current market value and ...

Homeowners Are Raiding Home Equity Instead of Refinancing

Home equity loan and HELOC demand has picked up. But is that the best way for you to tap your home equity today, or does a cash-out refinance deserve a second look?

Latest HELOC & home equity loan rates: July 21, 2026

Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap their home equity for cash. A home equity ...
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Home equity loan rates drop again. Is it better than a HELOC now?

Interest rates on home equity loans are on the decline once again. After falling for much of 2024 but then ticking up again in the early months of 2025, the average home equity loan interest rate ...

Cash-Out Refinancing: Unlock Home Equity and When to Refinance

Learn how cash-out refinancing converts home equity into cash, its benefits, risks, and when it's a smart financial move.

How to safely borrow from your home equity

Home equity lines of credit, or HELOCs, come with a lot of benefits. These include flexibility, low rates (compared to ...

Should I use home equity to pay for my kid's college?

Home equity loans and HELOCs are second mortgages that allow you to borrow against the value you've earned while paying your ...

Home Equity Line of Credit (HELOC)

Current HELOC Rates Most HELOCs come with a variable interest rate. The rate you pay is tied to a benchmark index—often the prime rate—and can fluctuate monthly. Here’s a snapshot of the latest ...