Home > Personal > Personal Lending > Mortgage > Mortgage Resources > Glossary > Equity Equity November 9, 2021 An owner’s financial position in a property. Equity is the difference between the property’s value and the amount that is owed on mortgages.You Might Also Like: Family MattersBack to School Savings: Tips for Stretching Your Budget Everyday MoneyBuilding and Maintaining Financial Health Throughout Your Life Everyday MoneyWhat Is A One-Time Passcode (or verification code) And Why Would Someone Ask Me For It? Living QuartersFirst-Time Homebuyer’s Playbook: 4 Steps to a Successful Offer Everyday MoneyBank Holidays: Understanding Their Impact on Deposits and Transactions
