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 ...

When I bought my house in 2016, I had a good job with solid benefits, one child and a mortgage interest rate of around 3%. It cost me $171 per square foot to buy the waterfront property in the ...

Katherine Watt is a former CNET Money writer focusing on mortgages, home equity and banking. She previously wrote about personal finance for NextAdvisor. Based in New York, Katherine graduated summa ...

Home prices and mortgage balances have shifted so dramatically over the past decade that many Americans now hold far more equity than they realize. But having a lot of wealth tied up in your home ...

Kiah Treece is a former attorney, small business owner and personal finance coach with extensive experience in real estate and financing. Her focus is on demystifying debt to help consumers and ...

If your house value has increased substantially, you might wonder: can I use a home equity loan to buy another house? With a home equity loan, this isn't just a possibility — it's a pathway many ...

Paying off a mortgage is a huge milestone. It usually takes years to accomplish, but you finally own your property free and clear. Plus, you unlock other ways to borrow money. It’s possible to get ...

The red-hot housing market of the last few years has sent home prices upward. For homeowners, that's been great, leading to sizable gains in home equity. Here's what experts have to say about whether ...

You finally own your home free and clear. And now, you want to put that ownership stake to use. Is this even possible? Fortunately, the answer is yes. You can take equity out of your home even after ...

Jeff Somers is a freelancer who has been writing about writing, books, personal finance, and home maintenance since 2012. When not writing, Jeff spends his free time fixing up his old house. He has ...

You can get home equity loans on investment and rental properties, though they may be harder to obtain. To get this type of loan, you’ll usually need a stronger-than-average financial profile and ...