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HELOC Vs Home Equity Loan: How Do They Work?

Savings Corner

APRIL 4, 2024

Key takeaways Home equity loans and HELOCs are both financing tools that allow you to borrow against your ownership stake in your home. Both act as second mortgages, using your home as collateral, and may offer tax deductions if the funds are used for substantial repairs or upgrades. homeowners as of year-end 2023.

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Realistic Ways to Save Money Each Month

Saving Everyday

SEPTEMBER 12, 2022

I regularly find Magnolia Home items for dirt cheap, and they make great gifts! My husband got all the gardening tools he needed at a fraction of the price. I had several friends who had kids in sports, and I can’t tell you how many conversations we had about how expensive it was. Reconsider organized sports for your kids.

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