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.

Money’s main takeaways Home equity loans let you leverage the increase in your home’s value and use the proceeds for just about any purpose, from home renovations to consolidating high-interest debt.

With Americans collectively sitting on record-high $17.8 trillion in tappable home equity, which explains why so many are turning to home equity lines of credit (HELOCs) to access those funds. A HELOC ...

Becoming a homeowner is a major milestone, and the benefits don't end when you cross the threshold. Under the right circumstances, you can use your home as a tool to reach other financial goals. In ...

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

It can be tough to find affordable lending options in today's high-rate environment. After all, at over 21% on average, today's credit card rates are sitting near record highs. And while personal ...

How to estimate your ownership stake, and how much of it you can borrow.

As a homeowner, you likely have a lot more equity in your house than you did just a few years ago. U.S. homeowners gained almost $3 trillion in equity in the fourth quarter of 2024 compared to the ...

Tapping into your home’s equity can feel like a smart financial move, especially when interest rates on other types of debt are higher. However, when tax season rolls around, many homeowners are ...

The investing information provided on this page is for educational purposes only. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell ...

Discover the pros and cons of using a home equity loan to purchase a second home, including potential risks and costs, to ...