Refinance lending has nearly doubled over the past three quarters, according to Black Knight. Cash-out refinances were up 24% since the last quarter of 2018 and made up 52% of all refinances. Homeowners withdrew a collective $36 billion in home equity, the highest amount in nearly 12 years. Refinancing surges as homeowners pull out the most cash in 12 years
October Credit Card Usage Surges To All Time HIgh As Americans Regain Their Spending Mojo
S&P/Case-Shiller U.S. National Home Price Index on FRED website:
S&P CoreLogic Case-Shiller 10-City Composite Home Price NSA Index
S&P CoreLogic Case-Shiller 20-City Composite Home Price NSA Index
United States S&P Case-Shiller Home Price Index
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