Interesting national metrics on home equity loans

Mortgage Money

Mortgage equity withdrawal as a percentage of disposable personal income peaked at 6% in 1985. It then steadily declined, bottoming out at 0% in 1994. It then reversed direction, peaking at 9% during the three years ending June 2006, an annual amount equal to $900 billion! It then went into freefall, bottoming at -8% in late 2010. It’s been rising quite steadily since and is again roughly 0% of DPI.

Elliot F. Eisenberg, Ph.D
GraphsandLaughs, LLC
Cell: 202.306.2731

About TARR Report

S.M.A. Publications was formed in 1997 with a mission of providing real estate information for practitioners within the Research Triangle Park area of North Carolina. The company produces the T.A.R.R. Reports which are published monthly, quarterly and annually, covering all aspects of the residential real estate market. The publisher, Stacey P. Anfindsen, has over 23 years of residential experience in the Triangle market. He is an active real estate appraiser, educator and consultant.
This entry was posted in In the News. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s