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You know, right now in this economy most American homeowners are actually flush

with equity in their homes in fact the Federal Reserve's recent survey of

consumer finances says it was reported that the median household net worth increased by 37 percent. financial into account. This is the largest surge in net worth since the survey began in 1989.

And data from Adam actually shows that the third quarter of 2023, over 47% of mortgaged

homes in the United States or equity rich.

Rising values in homes have put many homeowners

in a very optimal position, having plentiful equity

in your home is beneficial for many reasons.

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