Both products provide financing with traditionally low rates, but there are unique benefits and downsides to both.

Interest-only mortgages allow borrowers to pay just the interest on their mortgage for a set period of time. Read on to learn more.

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

That means pre-retirees and folks who’ve already left full-time work may have a major retirement asset hidden in plain sight.

Like a home equity loan, a Heloc is a type of debt based on how much value you’ve built in your house. However, a Heloc is a ...

With a traditional loan, equity grows steadily as the principal is paid down. However, with an interest-only loan, equity ...