Equity is the portion of your home you own outright, and you might need to know how to calculate it if you want to borrow money, sell your house or refinance the mortgage. The equation is simple: ...
With home prices near all-time highs, many homeowners have built up large amounts of equity. According to an analysis from the National Association of Realtors (NAR), homeowners "build a net worth ...
Your home equity — the amount of your house that you own outright — can be a valuable resource. You can use your equity to renovate some rooms, pay off credit cards, cover college tuition, start your ...
Home equity credit has become a popular way for homeowners to access cash, offering attractive rates, convenience, and flexibility – it’s a financial solution that lets you borrow against the value of ...
Home ownership can be stressful and expensive. From repairs to maintenance costs to renovations, taxes, landscaping and more, if you're a homeowner, it can often feel like the work never stops – and ...
Real estate and tax experts said there are clear equity thresholds that determine when you're genuinely "house rich" and what ...
Is borrowing against your home equity to pay off your mortgage possible, and does it make sense? Here's what you need to know before taking out a home equity loan.
A home equity loan is also known as a second mortgage. Discover how this consumer loan can allow you to borrow against the ...
The home equity borrowing climate changed in 2025. Here are three smart moves borrowers should consider for 2026.
Fed rate cuts have made home equity loans affordable. Here's how much a $40,000 home equity loan costs monthly now.
When you own a home, understanding your home equity is crucial, as it contributes to your net worth and borrowing ability. Simply put, home equity is the value of your home minus your mortgage debt.