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Today’s HELOC & Home Equity Loan Rates: September 16, 2025

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 ... read more

HELOC, refinance or home equity loan: What’s the best way to borrow against your home?

Home equity loans, HELOCs and cash-out refinances are three popular ways to borrow money, using your home as collateral. A cash-out refinance replaces your existing mortgage while home equity loans ... read more

Chase relaunches its HELOC — Here's what homeowners need to know

A HELOC is a revolving line of credit backed by the value of your home. Typically, a HELOC has a 10-year draw period followed by a 20-year repayment period. It is often referred to as a second ... read more

What are the best ways to borrow $50,000 of home equity now?

Home equity loan rates are also typically lower than the rates offered on credit cards or personal loans, but they may be slightly higher than a primary mortgage refinance. The trade-off is that you ... read more

What is a cash-out refinance?

A cash-out refinance replaces your current mortgage with a new, bigger one and converts the difference between the two balances into cash. The terms of your refinanced mortgage might significantly ... read more

How to Make the Most of Your Home’s Equity in Today’s Market

If you’re a homeowner, chances are your home has grown in value. Plus, you’ve been paying down your mortgage, which means you’ve been building valuable equity. You may be able to tap into this equity ... read more

First-lien vs. second-lien loan: What’s the difference?

Basically, first-lien loans let you finance a home purchase, while second-lien loans let you tap into your hard-earned home equity. So, if you’re buying a home or thinking about borrowing against an ... read more

Homeowners turn to cash-out refinancing to take advantage of big gains in home equity

They can be risky, however, because if a borrower can’t pay back the loan, they may not have enough equity left to avoid foreclosure. read more

What to consider about mortgage refinancing now

For some homeowners, refinancing could be the right move now, but waiting it out could also come with a big payoff. read more

Homeowners opt for cash-out refinancing amid home equity gains

Cash-out refinances reached a 3-year high in Q2 2024. Average homeowner pulled $94K, adding $590 to monthly payment. U.S. homeowner equity hit record $17.8 trillion in Q2. About 564K borrowers now owe ... read more

Homeowners turn to cash-out refinancing to take advantage of big gains in home equity

Homeowners are cashing in on years of home equity gains, even as mortgage rates remain elevated. The trend sent cash-out home refinancing activity to a nearly three-year high in the April-June quarter ... read more