Home Equity Loans - Providence Business News

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Cash-strapped Americans are willing to leverage their homes to pay the...

By the Numbers 09/21/2018

As U.S. household debt rises and wages stagnate, millions of Americans are thinking about tapping into home equity to keep up with day-to-day expenses. Twenty-four...

BUILDING EQUITY: Steven Parente, senior vice president and director of retail banking for Bank Rhode Island, says the loss of the interest deduction for home equity loans is not expected to impact the volume or interest in such loans, as more people are expected to take the increased standard deduction in 2018. / PBN PHOTO/RUPERT WHITELEY

Lenders still touting home equity loans

Financial Services 03/02/2018

The new federal tax code eliminated an interest cost deduction that helped to make home equity a popular source for borrowing. But the loss of...

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