According to a Q1 2017 equity report by Corelogic, "Homeowners equity increased by $766 billion over the last year." Just last month (June) 50% of refinance transactions were cash-out!! Whether it's for a debt consolidation or home improvement, cash-out transaction are hot and steamy this summer!
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Cash-out climbs to 50% of refinance volume
By Louis Zitting on Jul 25, 2017 5:09:48 PM