“Households in 2019 remained hesitant to tap into the equity in their homes, despite several years of significant home-price appreciation resulting in sizable home equity gains.”
–MBA Vice President of Industry Analysis Marina Walsh.
Tag: Home Equity
Homeowners Gained $5,300 in Equity in Third Quarter on Average
U.S. homeowners with mortgages have seen their equity increase by 5.1 percent year-over-year, representing a nearly $457 billion gain since third-quarter 2018.