Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home ...

Despite their advantages, home equity loans come with risks — including the potential to lose your home if you miss payments. Ideally, they should be used to finance home improvements or consolidate ...

If you're thinking about taking out a home equity loan, it's natural to wonder if the interest you pay on the loan will be tax deductible. The answer to that question isn't a clear "yes" or "no," as ...

Jake Safane has nearly 15 years of journalism and marketing experience on topics ranging from local entrepreneurship to international banking. He has written for publications such as The Economist, LA ...

Note: The home equity rates in this survey assume a line or loan amount of $30,000. What’s driving home equity rates today? Both HELOC and home equity loan rates have declined substantially from their ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. So, if you're planning to apply for a home equity loan this October, ...

Borrowing a lump sum such as $25,000 from your accumulated home equity may feel like a lot to withdraw on the surface. But upon closer inspection, it may not be, especially when understanding that the ...

You don't need extra money to build home equity faster — just smarter strategies. These moves can help you own your home years sooner, save thousands in interest and create financial flexibility for ...