Home equity

RECENT NEWS
Forbes  Jun 5  Comment 
Home equity needs to be a part of a financial plan, however, many financial advisors and Americans do not properly incorporate their home into a financial plan.
Motley Fool  May 7  Comment 
Learn about the pros and cons of taking equity out of your home.
Forbes  Sep 13  Comment 
The investment round was led by Andreessen Horowitz, the venture capital firm that also led the company's seed round, and brings Point's total venture money raised to $15.4 million.
MarketWatch  Aug 29  Comment 
Banks are feverishly pushing home equity lines of credit. Be careful.
Motley Fool  Jun 24  Comment 
The home equity line of credit seemingly exists only in the history books.
MarketWatch  Apr 4  Comment 
Many homeowners are tapping their equity for cash, while those who own the lowest-priced homes are often still underwater.
Yahoo  Feb 22  Comment 
Despite three years of a solid recovery in home prices, a surprising number of homeowners don't realize what they've gained, says loanDepot.




 

Home equity is the difference between the market value of a borrower's home and the amount of his or her mortgage. For instance, if the borrower sales his or her home for 100,000 and he or she owes the bank 50,000 then he or she will receive 50,000 from the sale.

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