Compare two options for accessing the cash in your home — cash-out refinancing or home equity loans — to pay for renovations, ...

Plus, if you plan to use the home equity loan to finance a home improvement project or repair, you can deduct the loan's interest on your taxes. Taking out additional debt on your home can be ...

A home equity loan could provide the funding you need in an emergency in 2025, but there are pros and cons to know.

Katherine Watt is a CNET Money writer focusing on mortgages, home equity and banking. She previously wrote about personal finance for NextAdvisor. Based in New York, Katherine graduated summa cum ...