No Place Like Home Equity
Posted On: May 4, 2023 by CSE Federal Credit Union in: Budgeting, CSE, Education, General, Mortgages
No Place Like Home Equity
Home equity is the difference between the value at which your home has been appraised (or the market value) and the remaining outstanding balance you carry on your mortgage. With the rise in home prices that we’ve seen in recent years, you may be surprised to find the equity in your home to be greater than you think. This equity can be a valuable asset that you can use in a variety of ways to improve your financial situation.
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