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 ...

HELOC interest is tax-deductible if used to buy, build, or substantially improve the home. The deduction applies to loans up to $750,000 for loans taken after Dec. 15, 2017. HELOCs are cost-effective ...

When a HELoan or HELOC makes sense, what to keep in mind before borrowing and other financing options available for upgrading ...

Splitero reports homeowners are leveraging home equity for renovations, debt consolidation, and investments, amid rising property values.

Caroline Basile is Forbes Advisor’s student loans and mortgages deputy editor. With experience in both the mortgage industry and as a journalist, she was previously an editor with HousingWire, where ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. At the same time, home equity loans and HELOCs represent two of the most ...