Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home equity loan is a fixed-rate, lump-sum loan that allows homeowners to borrow up to 85% of their home's value and pay that amount back in monthly installments.

The Homes for Heroes program is for teachers, firefighters, EMS personnel, law enforcement officials, health care professionals, active-duty military members, military reservists and veterans. The program says it saves qualifying homebuyers and sellers an average of $3,000.

Americans worried that the U.S. government shutdown could derail their plans to take out a mortgage or refinance their home loan can breathe easy — mostly. Housing experts says lenders will continue processing mortgages as usual even if federal agencies ...

The Department of Housing and Urban Development (HUD) terminated some mortgages for illegal immigrants in an effort to ensure federal home loans don't go to those living in the U.S. illegally. HUD Secretary Scott Turner announced the move Wednesday, a day ...

GRAND RAPIDS, Mich. (WOOD) — A new fund created to help bring more affordable housing to Kent County has approved loans for three projects in the Grand Rapids area. The Kent County Affordable Housing Loan Fun was created in August of last year ...