How Your Home Can Pay For Emergency Repairs

Steve Cicero/ Getty Images; Illustration by Austin Courregé/Bankrate

Key takeaways

  • Home equity loans and home equity lines of credit can be an option to help cover emergency home repair costs.
  • Benefits of using HE loans and HELOCs include lower interest rates, longer repayment terms and possible tax deductions.
  • Downsides of home equity financing include putting your home up as collateral and diluting your ownership stake.

As a homeowner, maintaining an emergency savings account is a good way to be prepared for the unexpected home repairs that inevitably arise from time to time. With  emergency savings at the ready, you can

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Kitchen Remodel Financing 101: Every Loan Option to Consider


An updated kitchen can transform the entire feel of a home from dull and outdated to sleek and modern. But whether a kitchen needs a simple appliance upgrade or a full renovation, kitchen remodeling doesn’t usually come cheap. As homeowners dream up kitchen remodel ideas, it’s important to consider how they’ll pay for those projects.

There are several kitchen remodel financing options that can help homeowners pay for their remodel projects, including home improvement loans and home equity lines of credit. Some homeowners may even qualify for government-backed loan programs. Before reaching out to contractors and kitchen remodelers

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How Ace Hardware Is Hammering Its Big-Box Rivals

The pandemic-driven boom in home repair, rehab, and do-it-yourself projects is over, leaving Home Depot and Lowe’s in the dust. Hobbled by high prices and interest rates, US existing home sales have plunged to a level not seen since August 2010, when the country was still digging out from the Great Recession.

Home prices remain out of reach for most and little hope of a turnaround anytime soon.

“The golden age of single-family housing is behind us,” Mark Zandi, chief economist at Moody’s Analytics, recently told Bloomberg, adding, “the

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The Trans Handy Ma’am: the home repair TikToker championing renters | Renting property

In April 2021, Mercury Stardust, a Wisconsin maintenance technician, was “cleaning someone else’s poop off myself” after a clogged toilet came apart. She happened to see a video of someone asking how to use a ratchet strap, one of those complicated-looking thingummies often used to tie down cargo. As soon as she tidied up, the 33-year-old responded as digital natives often do: she recorded an instructional video, wearing a (clean) flannel shirt and overalls while skillfully handling the tool in question.

The minute-long video introduced her signature enthusiastic and encouraging patter, ending with: “Learning something new is a triumph,

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Winter Home Maintenance Hacks to Prevent Claims

Winter is a beautiful time of year, but this season can be merciless on your home. If you’re not prepared, the chill, ice and snow bring a host of challenges. Equip your home with the ultimate winter defense to conquer the elements and enjoy the season to its fullest.

The Secrets to Winter Home Protection

Winter Surface Care

Hazardous winter conditions can cause accidents and injuries. Stock up on salt, ice melt or sand to enhance traction on slippery surfaces, such as sidewalks, steps and driveways. Ensure these materials are pet-friendly to protect your four-legged friends. These simple supplies will

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