A home equity loan is also known as a second mortgage. Discover how this consumer loan can allow you to borrow against the ...

Discover the key differences between home equity loans and mortgages, including their purposes, stages of use, tax implications, and impact on your home equity.

Money’s main takeaways Home equity loans let you leverage the increase in your home’s value and use the proceeds for just about any purpose, from home renovations to consolidating high-interest debt.

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

Key takeawaysA home equity loan allows you to access the ownership stake you've built in your home to accomplish your ...

Recent Fed rate cuts have made home equity loans less expensive. Here's how much a $70,000 loan costs monthly now.

U.S. homeowners are sitting on a record $34.5 trillion in home equity, and more are tapping that mountain of accessible assets. Home equity available to homeowners has risen by $600 million since the ...

Hocking the house for quick cash is a lot harder than it used to be, and it's causing headaches for homeowners, banks and the economy. During the housing boom, millions of people borrowed against the ...

Normally when someone has a low mortgage rate, they don’t refinance into a higher one ...

Fed rate cuts have helped cut home equity loan costs. Here's how much a $90,000 home equity loan costs monthly now.