Home equity hits record high, and here's how homeowners are spending it.

Insightful report from CNBC on home equity usage. 

- Remodeling spending topped $152 billion in 2017, and is forecast to increase in 2018.
- Homeowners are using home equity cash to pay down other debt in order to lower monthly payments.
- But homeowners are increasingly taking the cash out to make more cash.

Click below for full video and article:

Bronx Home Equity

https://www.cnbc.com/2018/01/10/home-equity-hits-record-high-heres-how-homeowners-are-spending-it.html

 

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