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Home Equity Lending Flat in 2023 as Outstanding Debt Increased: MBA

August 5, 2024

HousingWire, July 29, 2024-Chris Clow
Home equity lending in 2023 grew by only 1.5% compared to the prior year, while outstanding debt increased by 8.3% in the same time period, according to a study released Monday by the Mortgage Bankers Association (MBA).
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