Tag: Home Equity

Why Moving to a Smaller Home After Retirement Makes Life Easier

Downsizing can mean taking that equity when the home is sold and using it to pay cash or make a large down payment on a lower-priced home, reducing your monthly living expenses.

What Every Homeowner Should Know About Their Equity

Home prices have gone up, which means your equity probably has too.

Your Equity Could Make a Move Possible

Want to find out how much equity you have? To do that, you’ll need two things:

The current mortgage balance on your home

The current value of your home

Expert Home Price Forecasts for 2024 Revised Up

At first, experts believed home prices would only go up a little this year. But now, they’ve changed their minds and forecast prices will grow even more than they originally thought.

Growing Your Net Worth with Homeownership

One of the biggest benefits of owning a home is that it can provide an avenue to grow your net worth.

Homeowners Have a Lot of Equity Right Now

Almost half of homeowners are equity rich because they have at least 50% equity in their homes. If you’ve been in your home for a while, you might have gained a considerable amount of equity, too.

Why You May Still Want To Sell Your House After All

If you need to sell now because something in your own life has changed, don’t let rates hold you back from what you want. You have options to help make that move possible.

Equity Is a Game Changer for Homeowners Looking To Sell

If you’re planning to make a move, the equity you’ve gained can make a big impact.

A Drop in Equity Doesn’t Mean Low Equity

While homeowner equity dropped some from last year, it’s still near all-time highs.

Homeowners Have Incredible Equity To Leverage Right Now

Today, many homeowners are sitting on a substantial amount of equity, and you may be one of them.