More Pennsylvania sellers are hitting federal tax limits on home equity. Even modest homes can now come with a costly ...

Home equity rates seem to be on summer vacation. The average rate on a $30,000 home equity line of credit (HELOC) remained at ...

Pennsylvania has a mixed housing market with various property values. For many, borrowing funds is the only way for ...

Rising home values are creating record levels of home equity. Recent data from the Federal Reserve show that American homeowners have an estimated $14.4 trillion in equity, an amount that grew by ...

Home equity loan users who used their equity for select home repairs in 2024 may be able to deduct that interest when they calculate their tax return. natalia gdovskaia/Getty Images ...

The Hidden Home Equity Tax Straining Families For Staying In House Too Long. According to Realtor, roughly 1-in-3 homeowners—approximately 29 million households—have built up more home equity ...

Interest paid on a home equity loan may be tax-deductible if used for IRS-approved reasons. Getty Images/iStockphoto The deadline for filing your 2022 taxes is just weeks away (April 18, to be exact).

Tax time is hard, but there’s some good news: If you used a home equity loan for home renovations or improvements, you’re in for a deduction. Alix is a former CNET Money staff writer. She also ...