3 reasons you should avoid borrowing against your home right now

Housing prices can go down as well as up: Here’s when you should not tap home equity

Soaring real estate values mean many homeowners are awash in equity — the difference between what they owe and what their homes are worth. The average-priced home is up 42% since the start of the pandemic, and the average homeowner with a mortgage can now tap over $207,000 in equity, according to Black Knight Inc., a mortgage and real estate data analysis company. Learn more

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