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

Summary by LancasterOnline
Homeowners are cashing in on years of home equity gains, even as mortgage rates remain stubbornly high. Cash-out refinancing hit a nearly three-year high from April to June, according to ICE Mortgage Technology. In a cash-out refinance, homeowners borrow more…

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Associated Press News broke the news in United States on Wednesday, August 13, 2025.
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