Rising home values have led to significant equity gains over the past few years. As of 2025, homeowners hold an aggregate of over $30 trillion. A cash-out refinance allows you to tap into your home ...

Cash-out refinances reached a 3-year high in Q2 2024. Average homeowner pulled $94K, adding $590 to monthly payment. U.S. homeowner equity hit record $17.8 trillion in Q2. About 564K borrowers now owe ...

Homeowners are cashing in on years of home equity gains, even as mortgage rates remain elevated. The trend sent cash-out home refinancing activity to a nearly three-year high in the April-June quarter ...

Accessing the equity in your home can help you move forward on your financial goals, whether you're planning major renovations, consolidating high-interest debt, or building long-term stability.