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Homeowners are Sitting on a Record $6 Trillion in Equity But are Wary of Tapping It
MarketWatch, Sept. 14, 2018–Andrea Riquier
American homeowners have amassed a record $6 trillion in equity in their properties, a figure boosted by surging home prices and a trend of owners staying put longer. But rising interest rates and caution resulting from the housing troubles of a decade ago are limiting how much of that equity is getting tapped. (MBA mention)