Cash-out refinancing hits near 3-year high in Q2 Total tappable U.S. home equity reaches $11.6 trillion Some markets see equity drop as prices cool in Sunbelt, West Homeowners are cashing in on years ...
Cash-out refinances reached a 3-year high in Q2 2024. Average homeowner pulled $94K, adding $590 to monthly payment. U.S. homeowner equity hit record $17.8 trillion in Q2. About 564K borrowers now owe ...
Accessing the equity in your home can help you move forward on your financial goals, whether you're planning major renovations, consolidating high-interest debt, or building long-term stability.
A rental property can generate income from rental payments, but your loan could limit your profits. You may consider refinancing if you've been stuck with a high interest rate or don' ...
Homeowners are cashing in on years of home equity gains, even as mortgage rates remain elevated. The trend sent cash-out home refinancing activity to a nearly three-year high in the April-June quarter ...
FILE - For Sale sign is displayed in Skokie, Ili., July 24, 2025. (AP Photo/Nam Y. Huh, File) (Nam Y. Huh, Copyright 2025 The Associated Press. All rights reserved ...
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