Home equity loans come with appealing tax benefits. But do they apply when using the funds to buy a second home?

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

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

HELOCs and home equity loans became (slightly) less affordable in the most recent week. The $30,000 home equity line of ...

A simple rule can prevent you from overdoing it with a home equity line of credit: Don't borrow a lot, and don't borrow for ...

If paying cash or obtaining a land loan isn’t an option, you might be able to use a second mortgage to buy land.

Both HELOCs and home equity loans turn your home equity into cash, but that's done differently for each. With home equity ...

Barnes saw his share of dramatic swings in interest rates. That experience informs his advice for using a home equity line of credit, or HELOC: Borrow an amount that you can pay off reasonably ...

Equity-rich homeowners are opting for HELOCs because these lines of credit come with variable interest rates and are tied to ...

Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans.

The average rate on a $30,000 home equity line of credit (HELOC ... terms — and the Federal Reserve’s actions. The Fed cut interest rates three times in 2024 and may slash rates further ...