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

RELEASING equity from your home can be an exciting opportunity, whether you want to achieve goals such as travelling more or simply supplementing your finances to enhance your lifestyle. With many ...

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

You plan to keep your house for a long time. But it needs some work. Renovations are expensive, and you want to avoid getting ...

Morgan Stanley’s stock outpaced gains in other financial stocks Thursday, after the bank and broker forecast a robust flow of deals as it beat both profit and revenue expectations for the latest ...

We will have a legal written rental agreement, and he will include the income from that rent when he applies for the mortgage. His goal is to pay off the townhome by the time he retires in about ...

Anyone who owns a home has equity in it — it’s the portion of the property that you own outright, as opposed to being financed or encumbered with debt in some way. Your home equity percentage ...

With over three years of experience writing in the housing market space, Robin Rothstein demystifies mortgage and loan concepts, helping first-time homebuyers and homeowners make informed ...

In contrast, the average $30,000 home equity loan rate dipped to 8.40 percent. Cheaper HELOC rates dovetail with another housing trend, says Joe Zeibert, vice president of Mortgage and Capital ...

Is one a good idea for you? Although the benefits of a home equity loan depend on your personal finances, taking out a home equity loan can benefit you if you use the funds to improve your home.

or a home equity loan. With an HEI, homeowners receive the funds upfront in exchange for a portion of their home's value in the future. Repayment is due all at once, either at the end of a term or ...