As of the third quarter, Americans owe $1.23 trillion in credit card debt, an all-time high, the New York Fed says.

HELOC rates could fall in 2026 if the Fed rate-cutting trend continues, but there are other possibilities, too.

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 to 85% of their home’s value and pay that amount back ...

With Americans collectively sitting on record-high $11.6 trillion in tappable home equity as of August 2025, which explains why so many are turning to home equity lines of credit (HELOCs) to access those funds. More than 13 million homeowners have opened a ...

If you’re contemplating tapping your home equity, you’re not alone: Almost 30% of homeowners say they would consider borrowing against their residence’s value, according to a new survey from MeridianLink, a loan-origination software provider.

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 to 85% of their home’s value and pay that amount back ...

American families collectively have a jaw-dropping $35.8 trillion in home equity as of mid-2025, according to the Federal Reserve (1). Unfortunately, much of that immense wealth is relatively illiquid and difficult to access.

Understand how a Heloc allows you to borrow against your home’s equity, its benefits and risks and how it compares to other financing options