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.

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 ...

You’re considering a home equity loan but aren’t sure how much you can borrow. It depends on how much of your home you own outright. More specifically, lenders calculate the difference between your ...

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.

Valerie Morris is an editor at Fox Money and a personal loan expert. Fox Money is a personal finance hub featuring content generated by Credible Operations, Inc. (Credible), which is majority-owned ...

Home equity loan interest rates currently average between 7.72% and 8.01%, depending on the loan amount, loan-to-value ratio (LTV), borrower qualifications and other factors. The rate isn't the only ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. Many would prefer a home equity loan now, thanks to its fixed, lower ...

Americans with mortgages hold a record $17.8 trillion in home equity, according to updated ICE Mortgage Monitor data — and with the Fed's second rate cut of 2025 just behind us, now might be the time ...

Whether you choose to count it is up to you. You shouldn’t necessarily count on your home as a source of income. Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a ...

Your home is likely among your biggest financial assets. And if you’re entering retirement, it may also be more space (and expense) than you need. Many retirees choose to downsize — selling a larger ...