Becoming a homeowner is a major milestone, and the benefits don't end when you cross the threshold. Under the right circumstances, you can use your home as a tool to reach other financial goals. In ...

Rising home values over the last several years have created a windfall of equity for millions of American homeowners, making home equity lines of credit (HELOCs) an increasingly attractive option for ...

Over the past several decades, the global economy has experienced numerous ups and downs. Currently, as the financial landscape faces unprecedented shifts and changes, with everything from new tariffs ...

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 ...

HELOC interest is tax-deductible if used to buy, build, or substantially improve the home. The deduction applies to loans up to $750,000 for loans taken after Dec. 15, 2017. HELOCs are cost-effective ...

If you're considering borrowing against your home equity, it's important to understand that many lenders will require you to maintain a 20% threshold in the home. The central bank issued its first ...