Jul. 16 at 5:03 PM
$UWMC $RKT $Z $FNMA 🇺🇸
💰U.S. homeowners hold a record
$11 trillion in tappable home equity. This represents the amount that can be borrowed while leaving a mandatory 20% equity cushion. Around 48 million mortgage holders have accessible equity, averaging
$206,000 per borrower.
📈Total U.S. credit card debt has reached a record
$1.25 trillion. For accounts that accrue interest, the average rate hovers near historic highs at 22.15%.
I now pronounce you debt, and you equity, husband and wife! You may bowpay off the debt! 😂
