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

You can get home equity loans on investment and rental properties, though they may be harder to obtain. To get this type of loan, you’ll usually need a stronger-than-average financial profile and ...

Achieve reports you can use a HELOC to buy another property, covering down payments, closing costs, or outright purchases.

Picture this. You're enjoying an outing in your favorite weekend getaway town. A for-sale sign in front of a charming little cottage catches your eye. Your heart beats a little faster because you can ...

Not much movement in home equity rates in the most recent week. The average rate on a $30,000 home equity line of credit (HELOC) remained at 8.27 percent, while the $30,000 home equity loan climbed ...

Owning a home is the biggest investment for most service members & vets, building net worth & generational wealth through ...

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 ...

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.

Banks are pitching home-equity lines of credit as a cheaper form of borrowing as Federal Reserve rate cuts could lower HELOC rates to the mid-6% range, according to one estimate An increasing number ...