Homeowners Flock to Cash-Out Refis Thanks to Equity Boom
Homeowners are cashing in on years of home equity gains, even as mortgage rates remain elevated, and have taken out billions of dollars in loans in Massachusetts alone.
More Homeowners Tap Equity Juiced by Soaring Prices
Homeowners are increasingly tapping their equity, taking advantage of big gains following years of soaring housing prices.
HELOCs Step into the Gap
More homeowners – and lenders – are turning to home equity loans and lines of credit in the face of historic levels of tappable equity and rising mortgage rates that make cash-out refinances unattractive.
Boston Home Equity Fintech Secures $100M Financing
Hometap, a Boston-based fintech that provides an alternative for tapping into home equity without taking on debt, has secured $100 million in new financing.
