Using a home equity loan to buy a second home after rates were cut could make sense for some homeowners. Here's why.

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 ...

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. If ...

Rising home prices, low inventory and high mortgage rates have homeowners choosing to renovate their homes instead of moving. Two popular options for tapping into home equity for renovations include a ...

Understanding your options — from traditional home equity loans to reverse mortgages — can help you make informed decisions ...