But is a HELOC worth opening this April, specifically? Below, we'll explain why it could be. Start by seeing how low of a ...

There are some tax advantages that come with homeownership. Here's what to know and when you might want to consult a pro.

New research led by the Johns Hopkins Carey Business School suggests one possible way to help ease the housing affordability ...

“There are two valuable credits that the IRS reports one out of five people miss every year. The Earned Income Tax Credit is ...

One of the linchpins of a sound financial plan is exquisitely boring: an emergency fund. Holding liquid reserves can serve as ...

There's a strong argument to be made for borrowing with a HELOC over a cash-out refinance now. Here's what to know.

"Maximizing your deductions to lower your tax bill will help offset the impact of taxes on your retirement income and leave more money for you to spend in retirement," he says. Nearly 47 million ...

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

Is the interest on a home equity loan tax-deductible? It depends on the loan, how you used the money and other factors. Interest on a home equity loan or HELOC may be tax-deductible if you used ...

With HELOCs, you only pay interest on what you actually withdraw from the credit line. Even better, the interest you pay can be tax deductible if you use the proceeds to "buy, build, or ...

However, one-third say they need modifications to make that happen. Fortunately, the IRS allows tax deductions for medically necessary home improvements, so long as the upgrades meet certain ...