Home Equity Loans vs. Interest Rates

Home equity loans have been the saving grace for many Americans over the past 20 years. You could withdraw cash and have your home equity grow back.
It didn't take much work to grow our home equity. Are our home equity loans a viable option with rising interest rates?
We don't know where interest rates will settle, but it looks like they will remain higher for longer.
Can you afford to tap a home equity loan over 12%? Is it worth it to put your home in jeopardy? These are just some of the questions we must ask ourselves. Good Luck!