A home equity loan is also known as a second mortgage. Discover how this consumer loan can allow you to borrow against the ...

J.R. Duren is a content marketing writer for CBS MoneyWatch's Managing Your Money team. However, if you need your home equity loan funds by May, things could get tricky, as the average timeline from ...

Money’s main takeaways Home equity loans let you leverage the increase in your home’s value and use the proceeds for just about any purpose, from home renovations to consolidating high-interest debt.

Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home ...

As of December 3, 2025, the average home equity loan rate is 7.99%, according to Bankrate’s regular survey of rates. The average range is between 5.49% and 10.75%. Home equity loan interest rates also ...

As a result, older homeowners may find that their top options are either a home equity loan or a reverse mortgage. While both ...

Summer renovation season is upon us, and after years of building equity in your home, you might be considering some much-needed home upgrades or aging-in-place modifications while the warm weather ...

Home equity loans are a financial tool that allows homeowners to leverage the equity they’ve built in their homes for different purposes, including home improvements, debt consolidation or funding ...

Home equity is at historic highs. If you've faithfully paid your mortgage over the years, you've likely built up quite a bit of it yourself. According to the Federal Reserve, American homeowners are ...

Discover the key differences between home equity loans and mortgages, including their purposes, stages of use, tax implications, and impact on your home equity.

With the mortgage market in turnaround, many homeowners are looking to tap their home equity rather than sell. One of the largest home lenders in the U.S., Rocket Mortgage, also has some of the most ...

Shared equity or shared appreciation loans charge no interest and require no payments. However, they're not exactly a free lunch. These loans provide you with money today in exchange for a percentage ...