Since the third quarter of 2020, mortgage holders have realized a $3.2 trillion gain in equity—a gain of 31.1% year-over-year—the highest rate of growth seen in 45 years. According to a new report by CoreLogic, mortgage holders, which account for 63% of all properties, have gained an average of $56,700 per property due to recent market conditions. These gains proved to be an effective stopgap against foreclosure …
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