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

Want to borrow with a home equity loan this year? Here are the pros and cons to know before getting started.

This type of mortgage lets you pay for a home and renovations with a single loan.

Is borrowing against your home equity to pay off your mortgage possible, and does it make sense? Here's what you need to know before taking out a home equity loan.

A home equity loan on an inherited property remains in place even after the original borrower’s death. While the heir is not personally liable for the loan, they will need to keep up the repayments, ...

Summer renovation season is upon us, and after years of building equity in your home, you might be considering some much-needed home upgrades or aging-in-place modifications while the warm weather ...

Borrowing from your home equity is one of the most affordable ways to access funding now. The interest rates for home equity loans and home equity lines of credit (HELOCs) typically run much lower ...

When rates hit those lows in 2023, demand for home equity borrowing picked up amid rising homeowner equity, growing household debt and strong renovation activity fueled by the lock-in effect of high ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Lars Peterson joined Investopedia in 2023 as a senior editor of financial product ...

Buying a rental property can be a smart way to build wealth, but getting a mortgage for an investment home can be more complex than for a primary residence. Investors have plenty of options for ...

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 ...

Home equity is the percentage of your home you own outright, as opposed to the amount you still owe on a mortgage. If you made a 10% down payment, you'd start with 10% equity and increase from there ...