While the pace of home-price growth has slowed, homeowners with a mortgage saw their tappable equity soar to an all-new record high through the second quarter of 2024, according to the August 2024 ICE Mortgage Monitor Report. Tappable equity, the amount homeowners can access while keeping a 20% equity cushion, reached a new peak of…

The post Homeowners’ Tappable Equity Reaches Jaw-Dropping High of $17.6T in Q2 2024 appeared first on RISMedia.