Net equity extractions are on the rise as home prices keep climbing, but homeowners could soon slow their borrowing activity due to higher mortgage rates
Market hurdles like historically low housing supply, surging mortgage rates, and stagnant income growth are keeping first-time buyers sidelined at the start of 2022
The total amount mortgage holders could pull out of their homes while still maintaining a 20% equity cushion rose by $1.2 trillion in the first quarter of 2022