Home equity is the portion of a house that the homeowner holds outright — the difference between the house's value and the total amount they owe on the home. As their equity increases, homeowners can ...

Nick Lioudis is a writer, multimedia professional, consultant, and content manager for Bread. He has also spent 10+ years as a journalist. Chip Stapleton is a Series 7 and Series 66 license holder, ...

Knowing your effective tax rate can help you understand how well you’ve been managing your tax situation throughout the year. Your effective tax rate is different from your tax bracket. It’s the ...

As retirement nears, you may be wondering when to start taking Social Security payments. These benefits are primarily based on your earnings during your working years and your age when you start ...

Steven Nickolas is a writer and has 10+ years of experience working as a consultant to retail and institutional investors. Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society committee ...

We calculate this based on a simple income multiple, but, in reality, it's much more complex. When you apply for a mortgage, lenders calculate how much they'll lend based on both your income and your ...

Learn how a trailing 12 months calculation can give you an accurate view of your business’s financial health. Many, or all, of the products featured on this page are from our advertising partners who ...

Penny Gusner is a senior insurance writer and analyst at Forbes Advisor. For more than 20 years, she has been helping consumers learn how insurance laws, data, trends, and coverages affect them. Penny ...

RICHMOND, Va. (DC News Now) — The days of using hand-held calculators aren’t entirely gone, but when it comes to testing in ...

Kiah Treece is a former attorney, small business owner and personal finance coach with extensive experience in real estate and financing. Her focus is on demystifying debt to help consumers and ...