U.S. homeowners with mortgages, which represent roughly 63% of the total, have seen their equity increase by a total of 10.6% in the second quarter from the same period last year, showing a gain of $766 billion, according to CoreLogic.

Homeowners gained an average of $12,987 in equity from last year, with Western states leading the increase.

Subscribe Now

Authoritative analysis and perspective for every segment of the mortgage industry

30-Day Free Trial

Authoritative analysis and perspective for every segment of the mortgage industry