For many owners, the biggest line on their personal balance sheet is the house, yet it is surprisingly hard to know when that ...

This is according to Doug Duncan, chief economist at Fannie Mae, in a new blog post that explores the homeownership patterns of older Americans. “In 2022, Americans aged 60-plus represented 29% of the ...

If you've been trying to borrow money recently, you're likely aware of how expensive it is to take out a personal loan or use a credit card right now. That's because, as the Federal Reserve hiked ...

Even after you’ve paid off your home, you can still borrow against your home’s equity. There are several ways to tap your equity when you’re mortgage-free, including with a home equity loan, HELOC or ...

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 ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. Not every homeowner will qualify, however. One of the key qualifications ...

Discover the key differences between home equity loans and mortgages, including their purposes, stages of use, tax implications, and impact on your home equity.

Rapid home price appreciation and low inventory mean American homeowners are sitting on substantial home equity. In the second quarter of 2025, mortgage holders carried $11.5 trillion in "tappable" ...

A simple rule can prevent you from overdoing it with a home equity line of credit. Some or all of the mortgage lenders featured on our site are advertising partners of NerdWallet, but this does not ...

To calculate your home's equity, subtract the balance on all debts secured by your home – including your primary mortgage and any secondary loans – from your property's current appraised value. The ...

Our team researched more than two dozen of the country’s most home equity lenders, including large companies like Navy Federal Credit Union, U.S. Bank, TD Bank, Third Federal and Spring EQ. 640 Data ...

U.S. homeowners lost a portion of their pandemic-era wealth gains in the third quarter as cooling home prices and heavier leverage began to erode equity, according to a new report from property data ...