‘Shaky’ Economy Hasn’t Slowed Rise in Home Equity

Of the 58.9 million mortgaged homes in the United States, 16.7 million considered equity-rich, meaning that the combined estimated amount of loans secured by those properties was less than 50% of their estimated market value, according to ATTOM Data Solutions’ third-quarter 2020 U.S. Home Equity & Underwater Report. Nationwide, equity-rich properties that quarter numbered about …

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