To calculate home equity, subtract the total outstanding mortgage and lien balances from your home's current market value. Having home equity gives you more options when you need money. Whether you ...

Knowing how to calculate home equity gives homeowners a way to understand their home’s worth — and potentially liquidate it for their needs or wants. Your home equity is basically your home’s fair ...

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 ...

Mortgage rates ticked back down this week, though only slightly. Where does that leave homebuyers looking to lock in a decent rate?

The typical monthly payment on a median-priced $439,450 home at today’s 6.5% mortgage rate is roughly $2,222. (That’s assuming a 20% down payment and excluding tax and insurance.) Last week, a ...

Is a small dip in rates really that big a deal? Written By Written by Contributor, Buy Side Aly J. Yale is a contributor at Buy Side and an expert on real estate, mortgages, investing and home ...

Some or all of the mortgage lenders featured on our site are advertising partners of NerdWallet, but this does not influence our evaluations, lender star ratings or the order in which lenders are ...

Home equity is the portion of a house that the homeowner holds outright — the difference between the house's value and the total amount they owe on the home. As their equity increases, homeowners can ...

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 ...