You can use home equity to buy another house if you have a big enough ownership stake in your residence and meet other eligibility requirements. The most common ways to tap your equity are via a home ...

Technically, you can use home equity financing to pay off a home loan, but that's often counterproductive. The only ways to access home equity are to sell your home or take out new financing, which ...

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 ...

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 ...

Borrowing costs are finally easing for homeowners as the Federal Reserve cuts rates. Home equity loan and home equity line of credit (HELOC) interest rates have been consistently declining, making it ...