Homeowners considering tapping their property’s equity can choose between two products: home equity loans and home equity ...

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 ...

As of July 9, 2025, the average home equity loan rate is 8.26%, according to Bankrate’s regular survey of rates. The average ...

What does defaulting on a home equity loan mean? To be in default on a loan simply means you have failed to make your scheduled payments on time or according to the agreed terms of the debt.

$200,000 home equity loan vs. $200,000 HELOC: What to consider now Tapping into $200,000 of your equity through a home equity loan or HELOC is a big financial commitment.

Home equity loans are secured loans; if you fail to keep up with repayments, the lien on the property gives a lender the right to sell your house to collect what's owed.

Certain home loans and HELOCs might use variable or adjustable interest rates. In this case, the interest rate you're charged ...

As long as you keep up with repayments, you never lose the equity you have in your home. The lender has a claim to it only if you default on the loan.

Lenders are rethinking traditional appraisal defaults in home equity lending as faster, data-driven alternatives offer speed, savings, and regulatory compliance.

Our guide can help you understand home equity loan risks and how to protect your financial future from the drawbacks of home equity loans. Read on to learn how to avoid home equity loan risks.

Home Equity Borrowing Should Get Cheaper After Fed Rate Cut If you're in the market for a home equity loan or a HELOC, listen up.

What does defaulting on a home equity loan mean? To be in default on a loan simply means you have failed to make your scheduled payments on time or according to the agreed terms of the debt.