Growing Home Equity Makes Refinancing Possible

Mar 22, 2013 by

Growing Home Equity Makes Refinancing Possible

The Federal Reserve recently released data which shows that American homeowners’ net equity holdings in their homes has increased by nearly half a trillion dollars during the last last three months of 2012. According to the report, equity has increased by $1.7 trillion since 2011 and is currently around $8.2 trillion which is the highest level since the start of the housing crisis.  Read more


 

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