Items Tagged with 'Negative Home Equity'

ARTICLES

  • Average homeowner gained $9,700 in equity in 1 year

    Will this translate to demand for home equity loans?
    Homeowners keep racking up equity, with the average gain totaling $9,700 over the past year. According to the latest report from CoreLogic, this equates to an 8.1% increase year over year and represents an aggregate gain of $678.4 billion since Q4 2017. Could this mean big volume for home equity loans as interest rates slide?
    Read More
  • Average homeowner gained $16,000 in home equity in 1 year

    Report shows equity continued its climb in Q2
    As the economy strengthens, home values continue to appreciate, and that means homeowners are raking in the equity. A report released Thursday by CoreLogic showed that home equity rose 12.3% year over year in the second quarter of 2018, meaning that the average homeowner saw their equity increase by $16,153 in one year’s time.
    Read More