Home Prices Surge While Equity Inequality Persists

Reported about 20 hours ago

Home equity news reveals that home prices have reached a new high, with the median price hitting $435,300. While interest rates for HELOCs and mortgages have slightly decreased, sales are sluggish due to low inventory and high rates. The article discusses the disparity in home equity access for Black and Hispanic homeowners and explores the complexities of accessing home equity for various financial needs.

Source: YAHOO

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