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Homeowners Withdraw $47 Billion in Equity in Q1 2026 Amid High Mortgage Rates

06/19/2026, 06:36 AM business review
Homeowners accessed $47 billion in equity during the first quarter of 2026, reflecting a significant willingness to leverage their home equity despite rising borrowing costs. This trend highlights the ongoing impact of the housing market's lock-in effect, where many homeowners prefer to maintain low-rate first mortgages while tapping into their substantial equity.