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Homeowners are sitting on record home equity: By the end of the third quarter, borrowers had a record $9.4 trillion in tappable home equity collectively, or an average of $178,000 per borrower. That marks a 32% jump year-over-year.

Homeowners are sitting on record home equity: By the end of the third quarter, borrowers had a record $9.4 trillion in tappable home equity collectively, or an average of $178,000 per borrower. That marks a 32% jump year-over-year.

https://cnb.cx/3m1dQD6

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