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

Lower interest rates: Often, Helocs have lower interest rates than home equity loans or personal loans. They have lower ...

With inflation showing recent upticks and interest rates remaining elevated, borrowers are facing higher loan costs and stretched household budgets. Federal Reserve rate cuts in the coming months may ...

Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.

Discover the key differences between home equity loans and mortgages, including their purposes, stages of use, tax implications, and impact on your home equity.

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Gain the flexibility to use your home’s equity for your financial goals Written By Written by Staff Senior Editor, Buy Side Miranda Marquit is a staff senior personal finance editor for Buy Side.