Black Knight on "Tappable Equity"

Here are some comments and two graphs from Black Knight on tappable equity. Tappable equity grew by >$335B in Q2 2019 • Tappable equity growth had been slowing in recent quarters due to rising interest rates and slowing home price growth Click on graph for larger image. This graph from Black Knight shows the Black Knight's estimate of "tappable equity". • However, its Q2 growth rate was slightly above Q1's (+4.2% vs. 3%) • A total of $6.3T in tappable equity is now held by 45M U.S. mortgage holders • That's the highest volume ever recorded, and 26% above the mid-2006 peak of $5T This......(read more)

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