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home equity loanCNBC
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84% Informative
U.S. homeowners are sitting on $32 trillion in home equity, a fresh all-time high.
While the average borrower sits on roughly $214,000 in equity that can be tapped, 60% of homeowners have at least $100,000 .
There are various options for tapping your home for cash, including a cash-out refinance or a home equity line of credit.
High interest rates make it harder to access housing wealth.
VR Score
85
Informative language
84
Neutral language
68
Article tone
informal
Language
English
Language complexity
44
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
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Known propaganda techniques
not detected
Time-value
medium-lived
External references
4
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