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

Your equity equals your home's current value minus the amount you owe on it. You can borrow against this equity, preferably ...

Although these options may have provided temporary relief in monthly expenses, mortgage expert Ruedy argues that the fundamental solution is a reduction in mortgage rates. Ruedy contends that Federal ...

Even if their mortgage is up to date with payments, missing HELOC payments can result in losing your home. “A HELOC is a great second line of defense for emergencies,” says Bobbi Rebell ...

Is Interest on a Home Equity Loan Deductible as a Second Mortgage? It depends. Interest on a home equity loan, or HELOC, is only deductible if the proceeds are used to buy, build, or improve upon ...

You have the same payment for the life of the loan. HELOCs and home equity loans are like a second mortgage because your home secures them and is in second position after your primary mortgage ...

What is a HELOC? A home equity line of credit (HELOC) is a type of second mortgage that homeowners can use to get cash to fund home improvement projects, debt consolidation, or other financial goals.

Any capital markets person will tell you, “What’s a surefire way to double your money in a casino? Fold it in half and put it back in your pocket.” I am in Las Vegas for First Colony’s Loan Officer ...

What is a home equity loan? A home equity loan is a type of second mortgage that lets you borrow from the equity you have in your home. Home equity loans work by leveraging the wealth you've built ...

Cerberus brings its first revolving Heloc trade while Beach Point is out with its first nonperforming loans mortgage deal in ...