"Over $783 Billion of Equity Gained by U.S. Home Borrowers in 2016

According to CoreLogic, U.S. homeowners with mortgages (roughly 63 percent of all U.S. homeowners) saw their equity increase by a total of $783 billion in 2016, an increase of 11.7 percent. Additionally, just over 1 million borrowers moved out of negative equity during 2016, increasing the percentage of homeowners with positive equity to 93.8 percent of all mortgaged properties, or approximately 48 million homes."

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