Rising home prices have pushed mortgage holder equity to a new high of $17.6 trillion, surpassing an all-time high mortgage debt of $13.8 trillion in the second quarter of 2024.
Tappable home equity reached $11.5 trillion, with 32 million U.S. mortgage borrowers having at least $100,000 in tappable equity, fueling potential for increased activity in the home equity lending space.
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