A HELOC could offer a cost-effective way to purchase a second home now. Here's what homeowners should consider.

Here’s how to decide which one may work better for you — or an alternative source of financing instead. A home equity loan is a type of secured loan that turns your home's equity — the ...

Older homeowners — those of the Gen X and baby boomer generations — were less sanguine about using home equity to invest.

This is particularly true when borrowing money from certain sources, like your home ... So borrowing from your accumulated home equity should be done strategically and judiciously.