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.

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.

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

American homeowners are sitting on record home equity — $17.8 trillion in total, of which $11.6 trillion is considered "tappable" by lenders. (Yes, trillion. With a T.) That's real money you can ...

Sometimes, circumstances in life come along where one is sorely in need of cash, but their cash is tied up in illiquid assets. Home Equity Agreements (HEAs) provide the cash that a homeowner can ...

A home equity agreement is an arrangement where a homeowner sells a portion of the equity in their home to an investor in exchange for cash. The homeowner must pay back the amount within a specific ...

Homeowners have generally done well over the last few years in accumulating home equity wealth. Since the onset of the pandemic, average equity per borrower increased by about $117,000 nationally, ...

For many homeowners, the family home represents far more than a place to live. It's often the single largest store of wealth on their balance sheets. Yet, when it comes to planning for retirement, ...

Equity is the difference between your home’s value and your remaining mortgage balance Written By Written by Contributor, Buy Side Mary Beth Eastman is a contributor to Buy Side and finance expert, ...