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: ...

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 ...

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 ...

Home equity is a valuable financial asset that can be leveraged for various purposes, but it’s essential to borrow wisely and understand the risks involved. Determining whether it is a good idea to ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. Home ownership can be stressful and expensive. From repairs to ...

New Fed rate cuts have lowered home equity borrowing costs. Here's how much a $100,000 home equity loan costs now.

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 ...

Home equity levels are high these days. In fact, the average homeowner currently has over $300,000 of it, according to a ...

For most people, a home isn’t just where they live — it’s one of their most powerful financial assets. As you make mortgage payments and your property’s value grows, you build home equity, or the ...

With over four years of experience writing in the housing market space, Robin Rothstein demystifies mortgage and loan concepts, helping first-time homebuyers and homeowners make informed decisions as ...