Real estate and tax experts said there are clear equity thresholds that determine when you're genuinely "house rich" and what that means for your finances.

Want to borrow $50,000 worth of home equity now? Here's what a loan can cost monthly after the December Fed rate cut.

A home equity loan, or second mortgage, gives you access to cash by leveraging the wealth you’ve built up in your home. That’s money you could use to make repairs, consolidate debts or pay other bills. What Is a Home Equity Line of Credit (HELOC)?

Home equity rates barely budged heading into the final Federal Reserve meeting of 2025. The $30,000 home equity line of credit was unchanged, holding at 7.81% for the fourth straight week, according to

Home equity might sound like a complicated financial term, but it's just the difference between what your home is worth and what you still owe on it. Every mortgage payment you make adds a little more to that equity, and as your home’s value increases over time, so does your equity.

Your home equity is the difference between your mortgage debt and your property's market value. Each time you make a mortgage payment, you increase the amount of equity you have in your home. Building home equity is important because it can provide you ...

When I bought my house in 2016, I had a good job with solid benefits, one child and a mortgage interest rate of around 3%. It cost me $171 per square foot to buy the waterfront property in the Colorado mountains. Now, I'm employed as a freelancer ...

U.S. mortgage holders experienced a home equity increase in the third quarter of 2024 — up 2.5% year over year to a total of $17.5 trillion nationwide. But that was down from 8% growth in the second quarter, and negative equity also ramped up for the ...