Joint filers who took out a home equity loan after Dec. 15, 2017, can deduct interest on up to $750,000 worth of qualified loans ($375,000 if single or married filing separately). The money must be ...

Home equity loans and home equity lines of credit (HELOCs) have multiple advantages for homeowners. Since home values are high now, the average homeowner has over $300,000 worth of equity to borrow ...