U.S. homeowners are sitting on a record-breaking $11 trillion in tappable equity as home prices continue to reach new heights ...

Do you have a sizable amount of equity in your home? You may have access to it through what’s known as a second mortgage. The primary draw of this loan product is the ability to tap into your ...

The cash-out refinance vs. HELOC is a common debate as you decide how to use your home equity. Learn the difference between ...

Home equity loans and HELOCs are both technically second mortgages on your home. A home equity loan allows you to get a lump sum of money all at once and then repay it over time, while a line of ...

Check out the latest trends to see what kind of second home mortgage rate you might get. What are today's second home mortgage rates? Because there's more risk to the lender, mortgage rates on ...

You may have enough home equity to pay off your mortgage with it — but that's only a good idea in certain cases.

How much equity do you need to refinance? Many loan programs require at least 20%, but some lower-equity options exist.

For example with a piggyback or "80/10/10" loan, you get: A first mortgage for 80% of the home's purchase price A second smaller "piggyback" mortgage for 10% of the purchase price You put 10% down in ...

Mover mortgages have fallen substantially over the past year due to a lack of options for people looking to ‘upsize’ ...

Lenders have been increasing mortgage rates again as the bank of England’s first cut appears further away than previously ...

Home equity loans from BMO Harris are only available as second liens. If you have already paid off your mortgage, a rate-lock HELOC from BMO Harris may be a better option. A home equity loan is a ...