The Decline in Home Equity Lending Continues Unabated

Inside Mortgage Finance, Mar. 17, 2022–Dennis Hollier
The Federal Reserve reported that outstanding home equity debt fell to $395.63 billion in the fourth quarter, capping a 10.4% decline for the year. HEL outstandings peaked at $1.138 trillion in 2007, and have been trending down ever since.
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