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2. Home equity data and statistics: Why they matter to ... - AOL

   www.aol.com/finance/home-equity-data-statistics...

   If your mortgage is still outstanding, your home equity is the difference between how much your house is worth and how much you have left to pay on your mortgage. If you still owed your mortgage ...

3. How bankruptcy affects your mortgage - AOL

   www.aol.com/finance/bankruptcy-affects-mortgage...

   How does Chapter 7 bankruptcy affect my mortgage? When you file for Chapter 7 bankruptcy, you’ll sell some of your assets to satisfy your debt. ... Usually, if your equity amount is lower than ...

4. Home equity: What is it and how can you use it? - AOL

   www.aol.com/finance/home-equity-121018740.html

   Home equity loans: A home equity loan is a second mortgage for a fixed amount at a fixed interest rate. The amount you can borrow is based on the equity in your home, and you can use the funds for ...

5. Home equity - Wikipedia

   en.wikipedia.org/wiki/Home_equity

   Home equity is the market value of a homeowner ... The property's equity increases as the debtor makes payments against the mortgage ... If the plan does not allow ...

6. 5 ways to build equity in your home more quickly (and ... - AOL

   www.aol.com/finance/how-to-build-home-equity...

   In fact, if you just make your monthly payments on a typical mortgage, it can take between 5 and 10 years to increase the equity in your home by 15% to 20%. The real estate and housing market can ...

7. Negative equity - Wikipedia

   en.wikipedia.org/wiki/Negative_equity

   Negative equity is a deficit of owner's equity, occurring when the value of an asset used to secure a loan is less than the outstanding balance on the loan. [1] In the United States, assets (particularly real estate, whose loans are mortgages) with negative equity are often referred to as being "underwater", and loans and borrowers with negative equity are said to be "upside down".

8. How the Federal Reserve affects HELOCs and home equity loans

   www.aol.com/finance/federal-affects-helocs-home...

   The Federal Reserve’s interest rate decisions affect borrowing costs for many types of financial products, including home equity loans and lines of credit (HELOCs).

9. Home equity loan - Wikipedia

   en.wikipedia.org/wiki/Home_equity_loan

   Both are usually referred to as second mortgages, because they are secured against the value of the property, just like a traditional mortgage. Home equity loans and lines of credit are usually, but not always, for a shorter term than first mortgages. Home equity loan can be used as a person's main mortgage in place of a traditional mortgage.