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US homeowners now sitting on $17 trillion in home equity — and just 5 markets making up nearly 25% of that sum

US homeowners now sitting on $17 trillion in home equity — and just 5 markets making up nearly 25% of that sum
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ICE Mortgage Monitor: Historically Strong Home Price Growth Pushes U S Mortgage Holders Tappable Equity To Record $11T

ICE Mortgage Monitor: Historically Strong Home Price Growth Pushes U S Mortgage Holders Tappable Equity To Record $11T
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ICE Mortgage Monitor: Historically Strong Home Price Growth Pushes U S Mortgage Holders Tappable Equity to Record $11T

Though rising rates have dampened purchase demand and allowed for modest inventory growth, a continuing deficit of homes for sale this spring is helping prices remain resilient According to the.

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ICE Mortgage Monitor: Trading Up To A 25% More Expensive Home Would More Than Double The Average Mortgage Holder s Payment

ICE Mortgage Monitor: Trading Up To A 25% More Expensive Home Would More Than Double The Average Mortgage Holder s Payment
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ICE Mortgage Monitor: Trading Up to a 25% More Expensive Home Would More Than Double the Average Mortgage Holder s Payment -April 01, 2024 at 09:04 am EDT

From 2000 to 2022, upgrading to a 25% more expensive home would have required the average homeowner to increase their principal and interest payment by roughly 40%, or about $400 per month Today,.

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