Balances on home equity lines of credit have risen along with home equity loans. Popular reasons for borrowing include home renovations and repairs and debt consolidation.Balances on home equity lines of credit have risen along with home equity loans. Popular reasons for borrowing include home renovations and repairs and debt consolidation. Real Estate and Housing (Residential), Home Equity Loans, Interest Rates, Mortgages, Personal Finances, Credit and Debt, Content Type: Service, Appraisals and Valuation (Property), Federal Reserve Bank of New York Read More