Sarah Sharkey is a personal finance writer who enjoys diving into the details to help readers make savvy financial decisions. She lives in Florida with her husband and dogs. When she’s not writing, ...

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 ...

If you want to understand business finance, it’s important to understand the concept of equity. Equity is one of the most common ways to evaluate a company’s financial stability. Let’s look at how ...

If you’re a homeowner, you might be able to tap into your equity with a home equity line of credit (HELOC). A HELOC lets you borrow against the value of your home on a revolving basis and pay back the ...

Making the right choice starts with answering the right questions. And, this September, there are a few timely ones worth ...

Achieve reports that while a home appraisal is usually required for a HELOC, some lenders may use a digital appraisal to ...

Vice President of Growth & Engagement at CBS News and Stations Jennifer Earl is the Vice President of Growth & Engagement at CBS News and Stations. Jennifer has previously written for outlets ...

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 ...

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.