Posts tagged: net worth

US Households’ Net Worth Fell for 7th Straight Quarter

US households and businesses have realized that reducing and eliminating debt must be a priority for a secure financial future.

How to Build Equity in your Home

What Exactly is “Home Equity”? The equity in your home is the difference between what your home is worth is today’s market and how much you currently owe on your mortgage. For example, if your home’s current appraised value is $200,000 and you owe $100,000 on your mortgage you have $100,000 in home equity. Your [...]