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Benzinga
Benzinga
Business
Snigdha Gairola

American Homeowners Lose $9,200 In Equity As Rising Interest Rates Cool Housing Market, But $17.5 Trillion Cushion Signals Reset Not Collapse

Property,,Real,Estate,,Financial,,Loan,,Wealth,,Investment,,Construction,,Estate,,Insurance,

American homeowners saw their equity dip by an average of $9,200 over the past year as rising interest rates cooled the housing market, but experts say the decline is more of a reset than a collapse.

Homeowner Equity Falls $141 Billion Amid Rising Rates

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