HELOANs

More home equity, more lending options for lenders

The amount of tappable home equity Americans hold continues to increase, growing annually by 5% for the second quarter, a Transunion study found. Several operators in the market, whether lenders themselves or tech providers, have launched products and platforms over the last few days to serve these equity-rich homeowners. As of June 30, the total […]

More home equity, more lending options for lenders Read More »

Homeowners tap record equity as rates ease

Homeowners are seeing record levels of equity in their homes, and many are eager to use it. Mortgage originations hit their highest levels since 2022 driven in large part by purchases and cash-out refinances, according to Intercontinental Exchange’s August Mortgage Monitor. Cash-out loans made up 59% of all refinances, with borrowers pulling an average of

Homeowners tap record equity as rates ease Read More »