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 ...

Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home ...

Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.

How does a home equity loan work? First, it’s important to understand that the term home equity loan is simply a catchall for the different ways the equity in your home can be used to access cash. The ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. There's a misconception that home equity is only painstakingly built up ...