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 ...

Poonkulali Thangavelu has worked 10+ years as a writer and editor covering investment, personal finance, and mortgage-related topics. Suzanne is a content marketer, writer, and fact-checker. She holds ...

Chris Gallant, CFA, is a senior manager of interest rate risk for ATB Financial with 10 years of experience in the financial markets. Thomas J Catalano is a CFP and Registered Investment Adviser with ...

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 ...

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 ...

BY JOHN PAWLAKWhite RockAt the grocery store, the total for my purchases came to an even $60. The cashier looked at the ...

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 ...

Most forms of income count as taxable — but not all. Here’s how to calculate yours and some ways to reduce your liability. Many, or all, of the products featured on this page are from our advertising ...

Rachel Witkowski is an award-winning journalist whose 20-year career spans a wide range of topics in finance, government regulation and congressional reporting. Ms. Witkowski has spent the last decade ...

The Black-Scholes model enables investors to estimate the values of their options contracts more accurately. Read on to learn more about how this is performed.

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