Can You Borrow From Your Home Equity?

The appeal of home equity borrowing resides in the low interest rates, tax deductibility of interest and growing equity a homeowner builds over time. But home equity also represents a valuable asset and emergency borrowing capacity. Is now the time to borrow your home equity? Does your current situation make home equity a sensible borrowing option or not? How much equity do you have? Get answer to all these questions using this tool.