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Black Knight: Tappable Equity Skyrockets, But HELOC Loans Decline

(Mortgage News Daily) - 9 months, 2 weeks ago
 Posted To: MND NewsWireThis month's Mortgage Monitor Report from Black Knight, Inc. is again about equity, but this time with a twist regarding the way homeowners are treating it. The company says that the tappable equity held by homeowners increased by $820 billion dollars over the 12 months that ended in March, $380 billion in the first quarter of 2018 alone. Those numbers equate to 16.5 percent growth year-over-year, and 7 percent for the quarter. Equity growth is generally highest in th...
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