Homeowners Borrowing Less with Equity from Their Homes

Since 2008 home equity has rebounded as the economy has recovered; since 2012 housing equity has increased by $7 trillion; despite the borrowing opportunity, home equity lending has yet to return to its pre-crisis levels; data from the New York Federal Reserve outlines current borrowing trends and factors that are now influencing home equity borrowing.  Source

Sign up for our Newsletters

Every morning the Fintech Nexus News team scours the globe for the most important fintech stories of the day in the daily Global newsletter.

The Europe edition comes out on Monday, Wednesday, and Friday featuring the most important stories in European and UK fintech.

The Latin American newsletter arrives in your inbox on Tuesdays and Fridays. This is a trilingual newsletter featuring stories in Spanish, Portuguese, and English.

Join 20,000 subscribers!