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 ...

How does a home equity loan work? First, it’s important to understand that the term home equity loan is simply a catchall for the different ways the equity in your home can be used to access cash. The ...

These financial tools can help you make that renovation project happen. Here’s how to pick the right one for your needs.

If you own a condo, you've likely watched your property value climb over the past few years, even as higher mortgage rates and cooling home sales have reshaped the broader housing market. And with ...

Second homes may seem just like primary residences, but when it comes to financing, taxes and expenses, there are some important differences. Before you step into the second home market, you’ll want ...

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 ...

Thomas P. Tokos and Aakash Chohan of Citizens Bank's Colonie branch often work with clients looking to finance home renovation projects in the Capital Region. Tokos, a senior mortgage loan officer, ...

Ama Samarasinghe does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond ...

As home values have increased over the last few years, home equity loans have become an increasingly popular tool for homeowners to access cash. According to the Federal Reserve Bank of St. Louis, the ...