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HELOC

FILE - For Sale sign is displayed in Skokie, Ili., July 24, 2025. (AP Photo/Nam Y. Huh, File)
Aug 13, 2025

Homeowners turn to cash-out refinancing to take advantage of big gains in home equity

U.S. homeowners are cashing in on record equity, pulling an average $94K via cash-out refis despite high mortgage rates.

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