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 Outdated federal limits are quietly reshaping the market ...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.

D.C. sellers are facing six-figure tax bills on long-held homes. An outdated federal cap—and one of the highest local tax ...

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 ...

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.

The Hidden Home Equity Tax Straining Families For Staying In House Too Long According to Realtor, roughly 1-in-3 homeowners—approximately 29 million households—have built up more home equity ...

Share this article: Hidden Home Equity Tax Hits Longtime Owners By Allaire Conte Millions of homeowners risk surprise tax bills on sale profits due to capital gains limits that haven’t changed since ...