Money explains what is a home equity loan.

Whether you’re looking to lower your monthly mortgage payment, lock in a better interest rate, or tap into your home’s value for cash, there’s one number that matters most: your home equity. Home ...

Home equity agreements let you leverage the increase in your home’s value to help you meet your financial goals. Whether you’re looking to finance a remodel, consolidate debt or make a large purchase, ...

Your home equity is the market value of your home minus any outstanding debt on your property — including primary mortgages ...

Equity stripping reduces property equity to deter creditors or facilitate predatory lending. Understand the process and ...

Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home equity loan is a fixed-rate, lump-sum loan that allows homeowners to borrow up ...

Home equity might sound like a complicated financial term, but it's just the difference between what your home is worth and what you still owe on it. Every mortgage payment you make adds a little more ...

Homeowners spent much of 2025 watching borrowing costs finally ease after two years of elevated rates, and by the end of the year, home equity loan interest rates had followed mortgage rates lower as ...

High interest rates have made it costly to borrow money in recent years. Credit card rates have soared, reaching an average of around 23% at one point, and personal loans haven't been great either, ...