Tappable Equity: Usable Home Equity Has Exploded Higher
Tappable equity is the amount of home equity available for homeowners to withdraw via a cash-out refinance or a second mortgage. It is typically calculated as total home equity minus 20 percent of home value. The 20 percent figure is used as a collateral cushion to protect the lender. Tappable equity is a new term that I’ve
The post Tappable Equity: Usable Home Equity Has Exploded Higher appeared first on Financial Samurai.
More Stories
Alchemy Pay integrates Samsung Pay into its virtual card service
Alchemy Pay integrates its virtual card service with Samsung Pay for seamless crypto use. Users can now make purchases at...
Bitcoin’s Price Slides as China Pares Stimulus Plans
Bitcoin’s September rally, where the crypto rose 21%, was driven largely by Chinese stimulus packages. Market players are underwhelmed as...
Crypto.com sues the US SEC after Wells notice
com has sued the SEC for overreaching its regulatory authority over crypto. The lawsuit challenges SEC rules categorizing most crypto...
Phantom Wallet adds support for Coinbase’s Base network
Phantom Wallet adds beta support for Coinbase’s Base layer-2 network. Phantom users can now send, receive, and purchase Base-based assets...
Bison launches insured Ethereum staking service
Bison announced its insured Ethereum staking product in partnership with Munich Re and Staking Facilities. Users can stake as low...
FTX to fully repay investors after bankruptcy plan receives judge approval
FTX to repay 98% of its users around 119% of their claim value Distributions will be made to creditors across...