Both home equity products have benefits worth exploring now that inflation is rising again. Here's what to consider.

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 in monthly installments.

Compare two options for accessing the cash in your home — cash-out refinancing or home equity loans — to pay for renovations, consolidate debt or support education expenses. Includes pros, cons and who they're best for.

Home equity loan rates have dropped over the last year. Here's what an $80,000 home equity loan costs monthly now.