

Tips to build equity in your home
To gain a better understanding of what equity means in relation to your home, think of it in simple terms, so for example; you could refer to the difference between your home’s value and the amount you still owe on your mortgage. Your home will gain equity over a time as you pay off your bond and the home value increases while your interest portion decreases. This can be a tricky scenario to control as future home values cannot be predicted with much accuracy. One should ther