Since 2017, taxpayers have been able to deduct interest on up to $750,000 worth of qualified home equity loans (if married, ...

Key takeaways Refinancing a home equity loan can lower monthly payments and lengthen or shorten your loan term. Drawbacks to refinancing a home equity loan include prepayment penalties and closing ...

Maine’s long-term homeowners face growing tax bills on equity gains. Outdated federal limits are quietly reshaping the market ...

A home equity agreement is a contract between a homeowner and an investor who provides immediate funding in exchange for a stake in the home's equity.

Maine has the highest vacancy rate in the U.S.—and lawmakers are weighing property tax reform. Could a “Taylor Swift Tax” be ...

Buying and maintaining a home builds an equity (ownership) stake you can pass down to your heirs. It’s especially significant nowadays, when record-high home prices and elevated mortgage rates can ...

Starting in January, all tobacco products in Maine will be more expensive after lawmakers approved the tax increase this June and Gov. Janet Mills signed it into law. A pack-a-day smoker will pay ...

This home equity tax—or the capital gains bill triggered by the sale of a primary residence—now affects 13.4% of homeowners in Alabama, according to new data from the National Association of ...

Maine delegation votes ‘no’ as House gives final approval to Trump’s big tax bill The tight roll call, 218-214, came at a potentially high political cost, with two Republicans joining all ...

We've all been thrown curveballs this year, but getting your financial goals on track could be as easy as applying for Cornerstone's Freedom Home Equity Loan.

Loss of clean energy tax credits would be a step backward for Maine | Opinion The state would face both economic and environmental impacts if they are eliminated as part of the budget negotiations ...

Interest rates on both home equity products are virtually identical now, but they may not remain so for much longer.