Americans See Biggest Home Equity Jump in 60 Years
Mon Jun 18, 2012 on Blog
Americans See Biggest Home Equity Jump in 60 Years (via http://mortgagespectator.com)
Home equity in the first quarter rose to the highest level since 2008 as homeowners taking advantage of record-low borrowing costs to refinance their loans brought cash to the table to pay down principal. The gain in percentage terms was the biggest jump in more than 60 years, according to an analysis…