U.S. homeowners are sitting on a record $34.5 trillion in home equity, and more are tapping that mountain of accessible assets. Home equity available to homeowners has risen by $600 million since the ...
Today's high-rate environment and the rising cost of living are leaving many borrowers in a tough spot. Interest rates on credit cards are still sitting near record highs in mid-2025, after all, and ...
The cost of home renovations can be overwhelming if you use spare cash to pay for the work. A better solution for some homeowners is to finance the work with a home equity loan. Read Next: How ...
A home equity loan is a secured loan that allows a homeowner to borrow against the equity they’ve built up in their property. Equity is accrued through regular mortgage payments and growth in the ...
More homeowners are considering home equity loans in 2025 as interest rates have settled around 8.23%. While that's still above the rates of recent years, it beats paying over 20% on credit cards or ...