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

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 ...

If you're a homeowner in need of extra financing in today's elevated interest rate climate, it may feel like you have few, affordable options. With personal loan interest rates hovering around 12% now ...

Is a home equity loan right for you? You’ve been faithfully paying your mortgage for decades, watching your home’s value climb while your loan balance shrinks. Now that you’re approaching or already ...

Fed rate cuts have made home equity loans affordable. Here's how much a $40,000 home equity loan costs monthly now.

Miranda Marquit is a staff senior personal finance editor for Buy Side. Staff Personal Finance Editor, Buy Side Valerie Morris is a staff editor at Buy Side and a personal finance expert. A home ...