Question

what is home equity?
home equity creates a line of credit that can then be deducted on feder tax returns.
home equity and principal are two types of mortgages that someone mig select when refinancing a home.
home equity is the amount of interest paid on a mortgage during the lifetime of the loan.
home equity is the difference between the market value of a house and the amount owed on the mortgage.

Explanation:

Answer:

Home equity is the difference between the market value of a house and the amount owed on the mortgage.