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Find out what home equity is and how to use it, plus news, advice and tools on home equity loans and HELOCs.
Borrowing against the equity in your home can be a smart move if you’re careful.
Learn how much equity you have in your home and how much of it you can borrow.
When lenders check your financial situation, these criteria will count the most.
Building equity is a smart financial move, and there are a few ways to do it.
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Home equity borrowers can deduct interest, but only if they meet these requirements.
Knowing the differences among equity loans will help you make the right choice.
Your home isn’t a piggy bank, but there are wise ways to use its equity.
A HELOC is an interest-only product during the years of the loan term that the borrower can draw against the line of credit.
If you’re looking to borrow money, you’re probably benefiting from the law.
A HELOC has low interest rates, but it requires you to use your home as collateral.
Home equity rates fell in 2020, and they’re not likely to climb soon.
You may see hypothecation in auto loans, mortgages and home equity loans.
You may get a lower monthly payment, but your loan could outlive your car.
A home equity line of credit, or HELOC, is a good alternative to a home equity loan.