Understanding Home Equity and Its Significance

Reported 26 days ago

According to the Federal Reserve Bank of St. Louis, Americans' home equity has surged to a record $32 trillion in the first quarter of 2024. Wealth! anchor Alexandra Canal discusses what home equity is, how homeowners can calculate it, and ways to leverage their home equity for financial needs.

You may also interested in these wikis

China's Stock Market Rises Post-Holidays, Hong Kong Sees Decline

Intel's $3 Billion Pentagon Deal: Is It Worth Buying the Stock?

Cathie Wood's Optimism for Tesla's Upcoming Robotaxi

Honeywell Plans to Spin Off Advanced Materials Unit Valued Over $10 Billion

Hurricane Milton Set to Strike Florida's West Coast

Druckenmiller and Summers Urge Fed to Rethink Interest Rate Cuts

Boeing's Contract Offer Withdrawal Highlights Breakdown in Union Negotiations

Rio Tinto Pursues Acquisition of Lithium Producer Arcadium

Oil Prices Rise Amidst New China Fiscal Policy Insights

Billionaires Switch from Nvidia to Top-Rated AI Stocks

Back to all Wikis