A reverse mortgage has pros and cons — you can receive income in retirement years, but your home acts as collateral. Decide ...

A Key Tax Benefit for Homeowners ...

Like most taxpayers, our household usually takes the standard deduction, which is a specific dollar amount that reduces our taxable income without requiring us to submit extra paperwork. But in 2024, ...

Thinking about paying off your mortgage early? Learn the pros, cons, and smarter alternatives to help you decide what’s right ...

The interest you pay on your mortgage could help you lower your taxes. With the mortgage interest deduction (MID), you can write off a portion of the interest on your home loan, lowering your ...

President Donald Trump announced Friday a new policy instituting auto loan interest deductions for American-made cars. “If ...

Donald Trump announced tariffs on auto imports but also raised the possibility of a new deduction for interest on car loans.

HELOC interest rates continued their steady decline this week. Here are three things homeowners should do now.

Homeowners have two choices when claiming deductions to reduce their taxable income: the standard or itemized deduction. But ...

Home equity loans and HELOCs have lower interest rates than credit cards, encouraging some homeowners to use them to pay off ...