A significant shift is occurring in how homeowners access their wealth. Home equity withdrawals have reached a high point, with roughly $47 billion withdrawn in a recent quarter. The method of withdrawal is notable, as a majority of the funds came from second liens, such as lines of credit and loans, rather than refinancing.
This change in behavior is a recent development, and further information is available from the Intercontinental Exchange Mortgage Monitor. The data suggests that homeowners are choosing to access their wealth in a more targeted manner.
More details on this trend can be found through additional sources.
EL PASO, T.X. (KVIA) -- At least three people are now dead and one person is being hospitalized after a crash reportedly involving a helicopter in Chatsworth, California near Los Angeles. According to CNN, the helicopter involved was a TV news helicopter that had been covering a ...
Por Sarah Ferris, CNN La Cámara de Representantes votó este martes a favor de una medida que exigiría al presidente Donald Trump poner fin a la guerra con Irán, en un contundente reproche político a la gestión del conflicto por parte de su Gobierno apenas unas semanas antes de la...
Por Karina Tsui, CNN Un helicóptero se estrelló este martes por la noche entre dos edificios comerciales en una zona de Los Ángeles y dejó al menos tres muertos, según las autoridades. El accidente ocurrió en Chatsworth, a unos 40 kilómetros (25 millas) del centro de Los Ángeles,...