Using a home equity loan to buy a second home after rates were cut could make sense for some homeowners. Here's why.

Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance. If ...

Understanding your options — from traditional home equity loans to reverse mortgages — can help you make informed decisions ...

Rising home prices, low inventory and high mortgage rates have homeowners choosing to renovate their homes instead of moving. Two popular options for tapping into home equity for renovations include a ...

A second home gives you a place to go when you want to escape the real world. It can also be a source of rental income and extra home equity when needed. Maintenance and upkeep costs will be ...