How Does Equity in Your Home Work?

Given that the market has been moving higher in recent years, many homeowners now have more equity in their homes than they thought. There are a couple of ways of accessing that equity. This piece will look at how equity in your home actually works.

Photo of a home in Crescent Hill
When looking at the equity in your home, you first want to know how you might use it. | Photo: Tre Pryor
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