According to the federal reserve, the average homeowner’s equity in their home has continued to go up over the last 10 years.
The average loan to value ratio in the United States housing market as of June 30th of 2008 was 55%. In other words, the average homeowner had equity of 45%.
In comparison, the average loan to value ratio in the U.S. housing market as of June 30th of 2019 was 36% in other words, the average homeowner currently has approximately 64% of their home in equity versus only 45% 11 years ago.
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