Mortgage originations and home equity lending both increased in the second quarter despite elevated interest rates and home prices, according to TransUnion’s Q2 2025 Credit Industry Insights Report.
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Originations climb 5% YoY in Q1 2025 thanks to 44% refi leap, while home equity market sees strongest growth in three years Mortgage originations rose 5.1% year-over-year in Q1 2025, despite high home ...
With home equity continuing to increase and a need for more debt consolidation tools, home equity lending is poised for strong growth in the coming years, a new TransUnion study revealed today. To ...
When rates hit those lows in 2023, demand for home equity borrowing picked up amid rising homeowner equity, growing household debt and strong renovation activity fueled by the lock-in effect of high ...
Home equity loans allow you to borrow against the equity in your home in the form of a lump sum payment. These loans are often used to finance major purchases such as renovations, college tuition or ...
Strong International Growth: TransUnion is experiencing significant expansion in emerging markets, with 31% YoY growth in India and double-digit growth in Canada, Asia Pacific, and Africa, offsetting ...