Equity grew in the second quarter. According to the ICE Mortgage Monitor Report, there was a record $17.6 trillion in mortgage holder equity last quarter. Tappable equity has increased 9.2% year-over-year.

The vast majority of homeowners are benefitting. Nine out of 10 mortgage holders could tap their equity right now while maintaining a comfortable cushion. If you've been in your house for more than a few years, you likely have equity you could borrow against at low cost to finance your home renovation.

Ready to upgrade your kitchen, remodel your bathroom, or build that addition? Turn to the experts at National Iron Bank to help tap your equity and start on the improvement of your dreams. Click here to learn more!

Excerpt from Banker & Tradesman