Home equity continues to ride high in the final quarter of 2025, according to data from ICE Mortgage Technology, with roughly 48 million homeowners sitting on $11.2 trillion in tappable equity.
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Cash-out refinance: What it is and how it works
A cash-out refinance replaces your current mortgage with a new, bigger one that converts some of your home’s equity to cash. The terms of your refinanced mortgage might significantly differ from your ...
We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. While a HELOC comes with a variable interest rate subject to change and ...
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 ...
After years of building equity in your home, you might find yourself needing access to funds. Indeed, the average U.S. homeowner now has about $207,000 in "tappable" equity – that is, funds they could ...
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