Ellen Chang is a freelance journalist based in Houston. She has covered personal finance, energy and cybersecurity topics for TheStreet, Forbes Advisor and U.S. News & World Report as well as CBS News ...

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 ...

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: ...

Kelli Pate is a full-time copy editor and freelance writer who has written for CreditCards.com, Bankrate, MoneyGeek, DailyWorth, Vox.com, Entertainment Weekly, and Mic, among other publications. When ...

Borrowing money against the equity in your home can be a great way to access funds for everything from home improvements to debt consolidation. Home equity products like home equity loans and home ...

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 ...

Return on equity, or ROE, tells investors how much in profit a company makes for every dollar it has in stockholder equity on its balance sheet. However, in some cases, the amount of stockholder ...

*Refers to the latest 2 years of stltoday.com stories. Cancel anytime. Return on equity (ROE) is a financial ratio that tells you how much profit a public company earns in comparison to the net assets ...

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.

Home equity loans and home equity lines of credit allow you to borrow money using your home to secure the loan. Because lenders set borrowing amounts based partly on the amount of equity you have, ...