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Americans Sitting on Trillions in Tappable Equity

(Mortgage News Daily) - 3 months, 1 weeks ago
 Posted To: MND NewsWireAmericans are sitting on a nearly unprecedented level of untapped wealth - or maybe sitting IN it is more to the point. A report from Black Knight notes the first quarter of this year saw the "tappable" equity Americans have in their homes rose at what could be a record pace. The company says tappable equity growth is a different metric than simple equity growth as it is the amount that homeowners can actually use. That is, it is the amount of a home's value...
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