Homeowners saw yet another increase in home equity in the fourth quarter of 2018, with rising home prices helping to boost their profits. According to CoreLogic’s latest Home Equity Report published last week, U.S. homeowners with a mortgage saw equity gains of 8.1 percent year over year. The average homeowner saw gains of $9,000 in
Home equity gains make homeowners richer
March 20, 2018 by
Homeowners who’ve taken out a mortgage to pay for their home have benefited from rising home values, seeing an average 12.2 percent year-over-year increase in equity, according to new research from CoreLogic.
