Intercontinental Exchange, Inc. released its November 2024 ICE Mortgage Monitor Report on November 4, 2024. The report, based on the company’s robust mortgage, real estate, and public records data sets, highlighted key trends in home equity.
The analysis indicated record levels of tappable equity available to homeowners. It also suggested a potential resurgence in home equity withdrawals, driven by anticipated Federal Reserve rate cuts.
These market conditions present a favorable environment for ICE's Mortgage Technology segment, particularly for products and services related to home equity lending. The insights provided help clients capitalize on evolving borrower behavior and market opportunities.
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