Story perspectives

Homeowners Harness $11 Trillion Equity Amid Rising Loan Rates

3/18/2026

Summary

Story summary

Homeowners hold about $11 trillion in tappable equity, creating potential funding as personal loan and credit card rates rise.
HELOCs average 7.18% interest and may be tax-deductible for eligible home projects.
Home equity loans average 7.84% but require immediate repayment with fixed rates.
Both options let homeowners leverage equity while keeping their existing mortgage rates.
Borrowers should weigh foreclosure risks and consult a lender for tailored borrowing plans.

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Story summary

Homeowners hold about $11 trillion in tappable equity, creating potential funding as personal loan and credit card rates rise.
HELOCs average 7.18% interest and may be tax-deductible for eligible home projects.
Home equity loans average 7.84% but require immediate repayment with fixed rates.
Both options let homeowners leverage equity while keeping their existing mortgage rates.
Borrowers should weigh foreclosure risks and consult a lender for tailored borrowing plans.